ES Monday 10-28-13


here are my levels...at about 4 minutes in I meant to say "Buy" into the 49 - 50 area...but said sell....

52 - 53.75 is critical on this test down in the overnight and a support zone...a weak pop up in price may see price roll over back towards the 49 area....otherwise the buyers should try to push it out above 56 and try to get it to 58 for day session open.....this my only prediction for today...just gonna play the levels as they hit in the day session. I always prefer to see us open and travel to a level but these small ranges don't leave much travel room and having a line at every 2 - 3 points makes it much more difficult


Best sells today come if we can push out fridays highs into the 58 and/or 61 - 62 .....if you sell the 58 then use the 53.75 as a first target...if you sell the 61 - 62 then use the 58 area as a target

BEST buys come if we open above and drop down into the 52 - 53.75 especially if we haven't yet broken fridays highs or the Overnight midpoint...buys at the 49 - 50 is more aggressive but I will try will smaller contracts...if we blow through the 49 - 50 without much trouble then we can look at better buys near 46.50 and use the 49 as a target
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taking something at 53.50 and trying to hold last for the overnight low !! this is greedy..!
went flat at 52.25...just not worth the hold and that is lower end of our zone
while I think the O/N low will come, I just couldn't find a good way to hold for that last .5 points or so...good luck if you are still holding for it...
I have a 64 # number showing in 2 places on the upside