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ES traded around 2074 during – If, Then… Market Timing

ES traded around 2074 during

By Rod David | June 29, 2015 - 9:27 am

ES traded around 2074 during this morning”s pre-market Tour. Can it recover 2080 before or through the open, and then also maintain that recovery? This would establish a credible base to absorb a later dip that ricochets back into positive territory. Extending higher immediately from above 2080 would be more easily rejected before recovering positive territory. And not recovering above 2080 at all through the open would help to attract new selling pressure to possibly duplicate the overnight action. More detail is in the Tour”s recording:
https://roddavid10.mitel-nhwc.com/join/pcrwsyh

Posted in S&P