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ES Wednesday 7-30-2014


Yesterday's spike created during the last moments will be in focus.
Looks like an open drive, so far...
So far correcting the Overnight inventory which was net short. Base of the O/N spike at 7000 may be our key. FED day so I don't know if we'll see too much before 2pm
bkay,
overnight inventory was net short?
Originally posted by PAUL9

bkay,
overnight inventory was net short?
Ahem, Thank you Paul, that was bad misinformation on my part. Almost All O/N activity was above the close, net long. My apologies.
Will today be the day for a visit to those poor lows @1959.00 +1957.25 ?
Originally posted by Aladdin

Will today be the day for a visit to those poor lows @1959.00 +1957.25 ?
Good call Aladdin. 59 was a swing low on 7/21 and it looks like that is where the battle is going to take place for a while.