Sunday night gap fill was close enough. Time to sell ES short. 2805.50 is the trade.
I don’t think you can short ES and YM at these levels on an early Sunday evening. . . but, a place to do it is a bit higher when it fills the gap overnight.
The Stock Market has had a nice run in the face of terrible economic and unemployment news. Look for the market to sell off here after this weeks' s break of the 61.8% line of the initial down move. This break means it's the bulls who will have to defend their upmove at some point. A move back to 2571 for ES is in the cards. Will the bulls show up over as the...
The Dow and the rest of the market has had a nice run in the face of terrible economic and unemployment news. Look for the market to sell off here after this weeks' s challenge of the Fibs 50-61.8% line of the initial down move. A move back to 18,000 is in the cards. A bigger decline puts 15,000 in view.
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