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comment on May 14 ES


long 1147.50 targets 1154.50, 1158.75 and 1159.25. Watch 1157 area.

Above 1161.75/1162.25 breaks the down trend but you have to buy the pullback.

1147.50 is 50% for the week lo to high. 1144.25 is key so is 1147.50.

Went long before at 1147.50 out at 1145.75...loss.

Remember this is for daytrading.

On the daily the triangle is forming. Target is 1320.

No daily close below 1139.75/1140. Yesterday state 1039.75..wrong number.

G.T.