Wedn 8:37 AM
ES slowly drifted down, tested 1049, went to 1047, and popped back up now to 1050. Bias is still down until 1051 breaks higher.
Wedn 7:03 AM
ES Futures are now at 1050.
Bullish: Break over 1050, then 1054, 1057. Significant upside if 1057 broken.
Bearish: If 1049 breaks, then 1047, 1042. Significant downside if 11042 broken.
At posting time, the bias is down.
* 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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