I think there is a little more downside left here before I like long entries. If the ES can trade down to the 1396-1397 price point I will look to buy into the market, that's the best trade I see for today... If the lower 1400s (ES) hold in the first hour of trading, I will consider getting long sooner.
Levels to watch today on the ES:
Resistance above at: 1410-1411, 1415-1416
Support below at: 1401-1402, 1396-1397
Subscribe to:
Post Comments (Atom)
Will not consider longs until support levels are tested, market remains weak, still prefer the 1396-1398 price area
ReplyDeleteWaiting for support to confirm before taking a long. Market Very Weak
ReplyDelete