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ES 2-5-10


Good morning. A quick review.. i expected lower prices this week and wow!. We got em. (see last posts at longer term views). I was looking at 1062.50 (and in fact , bought 1070.50 after the 1059.25 low ). The signs are there however for a rebound attempt real soon! either today, or more likely monday. Below 1095 told me this is a intermediate type correction, not just a steep short term one. To make a long story longer, im expection lower(1015? or 990?)prices eventually, but probably a decent rebound (1059? 1069.75?) first.
short again from 1061.50
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BAILED at 1059.50.. plus 2 on one es.. too late in the day now... time to start the weekend!
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Hi KoolBlue,

Glad to see you back posting your thoughts here again.
So do you still think given current setup and context, the probabilities of a bounce on Monday are still good ?