Adventures in Trading with a Killer

Possible turnaround points on the ES are 2791.50, 2793.75 and 2798.

 

Nice one on 91.50, a slam dunk for now.

 

2793.75 holding for now, 96 next stop before we hit 98.

 

2780 is .618 retrace to earlier low of 72

 

89.75 will a tough hurdle.

 

89.75 Hurdle continues.

 

Crude today has a nice little cluster of resistance to contend with, 67.23, 67.34 and 67.46.

 

The ES on the 30mn B-Bands does appear to be wanting to drift upward. Breaking below 85 is the concern. Weakness below 85 may target the 77 area.

 

Short RTY @ 1691.6. S/L @ 1696.6.

 

We broke below 85, but bands on the 30mn haven't yet shown an indication that weakness will persist.