ES Tuesday 11-8-2011


O/N high is currently dead on last weeks RTH high from Oct. 31.

If we open above yesterday's highs then the first support zones are:

1259-1262
1255-1257 – This one is the more important one in my view as it is the breakout area late yesterday.


Lower there is a small zone at 1247.

Lower still is 1240-1241 then down into the RTH low and below with 1230-1235 marking that range for me.

O/N high is first resistance if prices open around this 1265 area they are currently in.



Click image for original size
esvwap11082011
INDU at 12,000

Click image for original size
2011 11 081134
What are the projections for Kool Tools, please (in % of extension)
MP update. Thinly-traded area above still.

Click image for original size
2011 11 081359
First Greek PM, now Italian PM - both resigning
Tough trading today with the news
I know i wish they would get it over with