Pivot High

ES update for Monday 01/22/2016

  Kinda of a boring day today as the ES came down to test the Major Support area of 1893 before bouncing.  We are currently sideways from 1928-1893 and the longer this market continues sideways, the more likely we will head lower to the 1852 area.  I'm currently setting on my hands waiting for a breakdown or breakout in the market, even though, I was net-net short over the weekend and was able to take some profits at the open today.  It will be interesting on what happens overnight...


ES 01112016 afternoon