ES hit the 1027 and 1028 a little while ago at 815am
830am. the 1022 i mentioned early this morning actually ended up being
the breakout point. Overnight low was 1018.75.so 1022 still a good bull/bear pivot.
Scenarios are the same still, except that I'll add: if 1025 breaks lower then expect 1022 test.
Scenarios: I realize the numbers are close together. These represent the multiple layers of mini support and resistance. Key numbers are 999, 1007, 1018, 1022, 1027, 1039, 1044
Bullish: ES over 1023 implies tests of 1025, 1027, 1028, 1031, 1033, 1039, 1044
Bearish: ES under 1023 implies tests of 1019, 1016, 1012, 1007, 1004, 999
* 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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