Thursday, October 8, 2009

overnight ES futures

Overnight the ES futures made a high of 1066 (1065.75). They just re-tested that high as I'm typing this and have backed down some. The 1065.75 is the exact high from Tuesday 9/29, so we need to watch for possible double top.

Bullish: Hold above 1061 for another test of 1066, and then on to 1072, 1076, and 1100.

Bearish: Break below 1061 for 1059, 1057, 1053, 1048, 1046, 1038, 1021, 1012, 1003


* 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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