The ES stopped at 2007 doing a great job hitting stop loss orders.


A stronger resistance is between 32 and 44, I guess.


But before that, I would suppose a correction to low 70s.

I have a sublevel there, too.

Originally posted by jimkane

Obvious TL here, and it 'sees' it. I'd like to see the upper 70's to about 80ish, though, that would be really nice.

Yeah, it's a bearish ABCD here, but it's also two tests of the obvious TL, and I think it's about to pop up hard. We'll see.

two bangs on 886 and bounce....hmmmm, but watch the kz right at the first hour low...

fat fingers...meant the first hour high

Originally posted by rat89

two bangs on 886 and bounce....hmmmm, but watch the kz right at the first hour low...

Pretty straightforward so far. Watch the potential bearish DB ABCD here, in case.

95-96 is key level again.

I'm watching 2000 next, but I'd think they'd want to make it all back if they could.

That is, assuming a move beyond this 97.50 here, which is not guaranteed.

I have to be honest, this is all pretty straightforward (my new word of the week) trading action today, from an intraday ES standpoint.

they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy