Monday, August 31, 2009

ES futures 6:30 AM

Futures have
dribbled down all night long. The test
now is whether the bears can keep it
under 1027, or if the bulls can pull
the 60min out of oversold
and push above
60stoch and above 1031.
at this moment the
charts suggest that the bulls will try to
push it back up, so lets see what
happens. If they push it above 1023
then 1025 1031 is
likely. last is ES 1020.50


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

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