Breakdown

Share Button

  Price broke down yesterday through the 1984 level and has found support at the 1977 level which it has tested twice before moving up again to retest the 1994 area.  So now we are ping pong sideways between 1994 and the 1997 areas.  I'm still waiting for a pull back to the 1970 area so I can sell some Put credit spreads but price is having a hard time moving lower... 

ES 03092016 am
ES 03092016 am
This entry was posted in ES Market update and tagged . Bookmark the permalink.