HollowMn

ES Overview for Wednesday 19th

CME_MINI:ES1!   S&P 500 E-mini Futures
ON Session we saw more selling until we got close to our 4520 level which is a big one if broken and we expected buyers to be there. We did find buyers there and all of the supply was absorbed. We hit double bottom on 30 which is a good sign NOT to short but go long instead because selling is complete for time being. Position in hand and we took it up to test Tuesday VAH, ran the stops and came back in value. Right now we want to wait and see if we will open in or out of Tuesdays value area. Inventory is currently long and we might see a correction for it. Levels to watch 4590 - 4614 - 4640 and 4570 - 4550 - 4520 to the downside. Patience is key!
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