Here is a five minute chart of today's e-mini day session. I think tomorrow's range will extend from 885 to 910 (blue rectangle). The 885 level marked a short term top on the way up and the 910 level is midpoint resistance (purple dotted line).As I wrote earlier today, I expect this break to end somewhere in the 865-880 range, probably early next week. After that the market will resume its advance to the 952 midpoint resistance level.
2 comments:
Carl,
You're not getting too many comments these days, I want to chip in with a thank you. Thanks for the excellent analysis, and for posting your trades. Your work is top notch.
ditto. i really like your straightforward notes, and truly appreciate the time you are taking to posts your trades/thoughts. Keep Up The Good Work!
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