Re: ES *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

Re: ES *PIC*

In Response To: Re: ES *PIC* ()

Below is a 240m all sessions continues ES chart. Notice that ES is currently testing 38.2% retrace area. Failure here will target 1316 S/R and 50% at 1309, failure there will target 61.8% at 1298 or so. There's strong support at 1298. - I'll be looking for a reversal at 1298 area possibly tomorrow afternoon or Monday.

Will follow up Monday.

Will see, in due time ES will show us the way.