The area at which ES stopped on Friday wasn't accidental at all.

No, I don't believe it was.

ES up and holding strong. Everything is as it should be.

I can't believe the ES is down two ticks. Holy cow. They're killing this thing.

Okay, time for the ES to turn up on the European open.

Here's the cool thing. The ES has to bounce on the European open, it's just about obligatory. So, they bounce it up to the .300 and then head it back down. If it wants down, why not just go down? No, that's not how it works. The bounce could have happened any time, but it happened on the open. Now we see if it sustains for awhile, or if it was just one more push, people are trapped, now turn it. And, this could be the start of a nice run it down for better prices move. I'm not committing this time to saying I can't see a substantial down day Monday, because I think it's not off the table. I've got to get to bed, I need at least five hours. Five hours and a good-sized nap a day and I'm good to go. But the action is so interesting in here...

If this area at 60 was meant to send it up....


..then 68 looks like a nice place to go long provided proper reaction.

it's so strong and then they stop it right here at the median line, at the exact center of the gap from last week, at the .618 and at the 1.27 of the small intraday pullback from the first high at the median line.....now what? Ideally they push it up and over, but what if they don't?

Nice area to finish the day at.

Okay, well another what I think was a fantastic week for trading goes into the history books. See ya all Sunday night. Other than the five hour break on Monday from 10 AM to 3 PM Pacific time, the ES will be trading. It may be light, but they use that to move it, too. Regardless, I'll be there.