Friday, November 12, 2010

Key Level Being Tested

1191-1192 is a key support Level on the ES. It is fine to test this level intra-day, the key is that the Emini S&P Futures (ES) does not close the day below this level. If ES closes below 1191, that will influence my bias to the bearish side.

1 comment:

  1. So S&P Futures end the week at 1194.75. Still above key support. Look for that support to be tested to begin next week, and then I expect a rally back over 1200 and beyond...

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