TradingView
TradeApe
Nov 13, 2018 9:36 PM

Bottoming out or not? 

E-mini S&P 500 Futures (Dec 2018)CME

Description

Not a drastic change in support/resistance levels since yesterday. Still looking for potential shorts around 2750, although I might also take a stab at around 2735 should short momentum support it. Might consider longs at yesterday's VAL (2725ish) and around 2710-15, but I am watching the November low below that too. If that breaks...yeah...poor bulls.

Looking quite bearish, we'll see if 2700 (November low) holds. Watching 2780 as a first potential upside target should bulls wake up and get the ball rolling through the resistance zone at around 2750. That resistance zone around 2748-55 is the one to watch.
More