Similarly I'll be watching 94.25 as right now we have 92.25 ... 93.25 ... (stall 93.75) ... It is not in and of itself a buy or sell signal, but if price behaves like it is a buy signal, it is, or vice versa. I just a couple runners left right now, and I may be flat or short before long. Though I may also knock off for the day soon and join B1 for 18. Speaking of 18 ... my 14 year old son beat me for the first time this weekend. I didn't know if I should laugh or cry, so I did a little of both.
That 94.25, should it trade, is not quite as significant as it would have been had it traded prior to this pullback, or I should say not for the same reason. Now 94 - 94.25 interest me as to what the market does if that level trades.
Its amazing how the ES parallel's B1's golf scores of late. A couple slices into that lake again and B1 shoots a 97 today. Fore!!!!!!!!!
Waffling around 89-90's right now ... I'm guessing B1 may get his wish with a retest of the LOD given how little interest ES has attracted at this level here. I'm flat, btw ...