Ok big baller...Ive learned over the past 15 years here on ET is how to not get drawn into a pissing match with wanna be traders. Now I will use my favorite feature this site offers...
Support came in right where expected. We'll have to break the area that I mentioned decisively tpo get any legs down (but they are coming)
CAUTION: AFTER THE FACT HINDSIGHT EXAMPLE ALERT: IF CHART PORN OFFENDS PLEASE AVERT YOUR EYES AND SCROLL BY IMMEDIATELY!!!!! Yes this is way after the fact but I'm flippin' sick and I'm just trying to make a point about the HWB's and getting your orders in. I had an order in at 35 even, and all the way HWB would have seen 34.75 trade, so I was trying to front run the HWB ... Since my order had been in since the top tick (and I'm not even sure my fibs are drawn accurate - I usually just do the HWB in my head my head is not at its best today) I got filled on that low tick - haters gonna hate as my teenaged children tell me. This is just to give an example of something I posted last week about how important it is to get your HWB orders in if you think the HWB will be bought (it almost always is, at least temporarily, on the ES. I did take most off here at the test of the high, with a couple of runners intact.
Should sell off from here----the question is whether or not we'll break support. 6 points though? --Yes
Yes ... a properly formulated trading plan, whether PA based, indicators based, or a combo of the two will usually signal the same direction at similar levels. Right now a second HWB is being fought over ... low tick at the 61.8 ... need to know where that is because below there is where the algo's will often flatten or switch teams. Those f^cks have no loyalty to us home gamers.