Thursday, June 4, 2015

Tuesday, June 2, 2015

Tuesday June 2nd Trade Plan and Levels

Today we will be using 2109 - 2111 as our bull bear zone.

Above here we have resistance at 2121.50 - 2123.50 and 2126.50 - 2128.50. Below the bull bear we have support at 2093 - 2095 where i would expect buying on first test.

Es looks set to open within yesterdays value area giving us a neutral bias on the open.

Happy Trading.

Monday, June 1, 2015

Monday June 1st Trade Plan and Levels


Today we will use 04-06 to determine our short term bias. If ES can stay above here we can try to fill the gap up to 21.50-23.50 where we could see selling on first test, above here we have 26.50-28.50 which is a good place to sell in a balanced market.

Below 04 Es can test 93-95 and then 83.50-81.50,

On the open if ES opens below 03 then we can easily test 83.50 so caution would be needed on the long side.

An open above 11.50 would be very bullish and we would need to be aggressive at support.

Happy trading.