ES had pretty good absorption at 3325, 3324, and, 3323 just now. All areas that needed to have broke to downside. So if it does decide to break there either now or before end of session, should be a pretty good hard and fast move down IMO
First 3 (of many) naked POC's below... 3316 3290 3226.25 Only 1 naked POC above... 3338 (created today!) A couple weeks ago during a short lived (1 to 2 days) down draft, 2 of the then active naked POCs below were taken out.
Yep. This is so crazy. Wow, this has got to be short covering. I joke to myself every day....RTY/IWM should be at zero. LOL.
Missed the Week High by 3.25 points, but this post made prior to Wednesday's Open shows that a market's major direction and range can be forecast and predicted.