Here is a five minute bar chart of today's e-mini day session. I am long two units at an average of 845.50.I think we have seen the day's low and I am sticking with my estimated high of 868 (blue rectangle). From this point forward the market should hold midpoint support near 844 (purple dotted line).
3 comments:
Nice analysis and even better execution Carl. Keep up the good work...they are buying the dips now. Sentiment on the street has clearly changed.
looking at the square of nine shows major rissistance at 852 which is 360 degrees from 741 the october low.
We are going at 830 - 835 minimum.
sell your longs
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