Tuesday, March 24, 2015

Tuesday 24th March 2015 Levels and Trade Plan

Tuesday 24th March 2015 Levels and Trade Plan

Today we will be using 2102.75 - 2014.75 as our Bull Bear Zone.

Above the bull bear we have 2109 - 2111 as resistance. Given the obvious bullish context we will need a good intraday setup to short this zone. Above here we have the ATH and above that we have no hard resistance so the 2125 - 2127 area should only be used as a traget if you are in a long position .

Below todays bull bear we have support at 2092.25 - 2094.25. If we reach this area again and see a good intraday setup we could see a further rotation back towards the ATH. Should this area break ES could liquidate to 80-82 and then 2064.75 - 2066.75 which should see buyers on first test.

Happy Trading.

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