Dec 18 S+P Futures Overnight Low at 2610.25
has hit a very important support place
on the 4 Hour OPEN Chart that I keep.
Futures have bounced up 15 points,
after hitting pattern support.
The futures market has done it's job
overnight, at defining price parameters.
for 12/10 Regular Hours trading.
In this case, use 2610.25 as a LONG STOP
for any bullish bets on the S+P.
while also using a BREAK of 2610.25 Support,
to initiate MAJOR NEW SHORT POSITIONS.
Of Note: Short Term RSI Continues in Bullish Mode..
ESZ Last 2625.75
THE_UNWIND
12/10/18 700 am
NEW YORK
Proprietary Chart Analysis,Not To Be Construed As Trading Advise.
has hit a very important support place
on the 4 Hour OPEN Chart that I keep.
Futures have bounced up 15 points,
after hitting pattern support.
The futures market has done it's job
overnight, at defining price parameters.
for 12/10 Regular Hours trading.
In this case, use 2610.25 as a LONG STOP
for any bullish bets on the S+P.
while also using a BREAK of 2610.25 Support,
to initiate MAJOR NEW SHORT POSITIONS.
Of Note: Short Term RSI Continues in Bullish Mode..
ESZ Last 2625.75
THE_UNWIND
12/10/18 700 am
NEW YORK
Proprietary Chart Analysis,Not To Be Construed As Trading Advise.