#ES_F Pullback to major Support and Resistance line and 21 DMA
Mis à jour
Market pulled back today and many feeds were filled with Bears and Doomsday callers ...
Is this the start of a massive down leg or just a technical pullback ? Bear trap or will Put holders be rewarded ?
Time will tell..
CPI next week so anyone's guess . Personally I'm waiting for more resolution and confirmation before trading this spot as it could go either way in my opinion.
Is this the start of a massive down leg or just a technical pullback ? Bear trap or will Put holders be rewarded ?
Time will tell..
CPI next week so anyone's guess . Personally I'm waiting for more resolution and confirmation before trading this spot as it could go either way in my opinion.
Commentaire
Nice bounce right at the 50DMA , implying more upside but still cautious with a clear and close above 4200 would really bring in some bids IMO
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