Here is a five minute bar chart of today's e-mini day session. I can't tell if the drop from last week's high is complete yet. I still lean towards continuation down to support at 903 or even a bit lower (red dashed line) - probably tomorrow. Should buying on good volume show up above today's midpoint (915.50 - purple dotted line) I shall look for a chance to get long. In either case I think tomorrow's day session range will again be about 20 points.
Tuesday, June 16, 2009
Tomorrow
Here is a five minute bar chart of today's e-mini day session. I can't tell if the drop from last week's high is complete yet. I still lean towards continuation down to support at 903 or even a bit lower (red dashed line) - probably tomorrow. Should buying on good volume show up above today's midpoint (915.50 - purple dotted line) I shall look for a chance to get long. In either case I think tomorrow's day session range will again be about 20 points.
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