Tuesday, March 17, 2015

Tuesday 17th Levels and Trade Plan

Morning,



Today we will use 65-67 as our Bull Bear zone. If ES can hold below here we will look for the ES to go back into 46.50-48.50 where we would need to see a good intraday setup to go long here. We then have 42-43 support where we could see buying on first test and then 35.25-37.25 where id expect to see buying on first test. This could cap the downside.

Above 67 ES can go on to test 77.25-78.25 and then 81.50-83.50 where id expect to see selling on first test. Above 83.50 ES could break out to 93.25-95.25 where id expect to see selling on first test and this could cap the upside breakout.

Happy Trading.

2 comments:

  1. I'd hate to jinx it, but my favorite days are when we open near your b/b zone and a previous nvpoc. Our previous day's vpoc's varied slightly due to data providers (yours appears to be inside the b/b zone vs mine just below) but either way, great setup

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