ES Journal - 2017/2018

If the PA is as clean on the way up as it was down, it will be a dream day.

 

There's the print. Ok--at least there is a chance now for a move back up.

 

Next essential print would be 2356.50. --That would embolden the case for return to higher morning levels.

 

Then we'd be looking at 2365.00 print for final confirmation that we could go green.---But those prints are miles away right now and there is no way to know if we'll reach them.

 

There's an awful lot of time left today--and the market is bouncing--Not a typical all trend all one way type of day. --Could finish lower but daily is at support level etc. This is interesting action.

 

Well, if you had someone who correctly predicts the top...

 

If this support here around 2350 doesn't hold, then the next support zone is around 2335.

 

Next attempt at breaking through higher has just begun.

 

Attempt failed--so far

 

It just wouldn't do it would it? We printed 2356.25 before pulling back. That makes it even stronger resistance. Now, printing 2356.50 becomes even more essential for the upside case.