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Monkey ES Daily Chart for Wed


I've drilled down on the ES 24hr Daily chart where there is a tightening of consolidation and narrowing of range. The past 3 days are all Dojis and all opening/closing within a few points of each other. There's a "wedge" look to it as well.

Almost had an inside day today but price poked up just a few ticks above yesterday. Still may have some of the same dynamics, considering the sideways contraction here just beneath some significant resistance in the 960's. Just providing a few observations here and would welcome any feedback and/or other analysis and posted charts.



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Also, as usual, the 13 minute chart with price action Support/Resistance levels as a "map." Hope some are finding it helpful ... and again, offer your comments and analysis here for prepping, coming into tomorrow's trading session!!



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I'd be remiss if I didn't also include the Bigger Daily Picture that I'm looking at and posted yday (I think?). That daily chart on the 1st page of the below link shows what I was referring to with significant resistance in the 960's ... that Joe also commented on.

http://www.mypivots.com/forum/topic.asp?TOPIC_ID=4502
thanks monkey