Monday, July 6, 2009

ES Intraday Update

Here is the deal, ES has found support right at the 882 level (blue horizontal line) I am long @ 885, as of right now I do not have a target I will keep moving my stop up and try to just milk this one for all it is worth.

Next important support which I believe will be tested this week is around the 875 line (pink horizontal line) A break below that and much lower prices will occur. For now watch these levels and see what happens.