Thursday, January 29, 2015

Thursday 29th Levels and Trade Plan for ES


Today we will be using 97.50-99.50 as the bull bear zone. Is ES continues below here we could see a test of 80-82, where we need assess in real time if ES is likely to break out below this already tested bottom. If it does breakout then we could see 67-69 which could cap the selling on the day time frame.

If ES stays above the B/B today we could see ES test 11.5-13.5 where we could see selling on first test. Above this we have yesterdays vpoc at 22 and above this we have resistance at 24.75-26.75.

Happy Trading,.

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