I expect choppy trading to continue. 1180 continues to be resistance on the ES. I do expect higher highs this week and will probably enter a scale-in swing-short position if we trade into the 1190s.
Levels Today (ES):
Resistance: 1179-1181, 1183.50-1185.50, 1189-1191
Support: 1169-1171, 1165, 1160
Monday, October 18, 2010
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