Short ESZ at 1514.50 EDIT: This entry was a little early. What I thought was a reversal bar on the 15min chart was a pretty dramatic head fake. Nevertheless, I'm seeing short-term bearish divergence and continuing to hold this short (at least for the moment), although the entry was clearly not as low-risk as I expected and I may get stopped out.
hoping we can get this move into the 20`s before we fade....20/23 R.......the 26/27. first zone is tricky & a bit wide......19.50 to 23....to be precise. 16.75 here is also R......50%
Impressive buying at 1511.50. It may take awhile to get below that level. I'll do my best to be patient and wait for 1505 to close out the first portion of my short position.
nice job staying with that sell......there is a nice OVB on the 30 min as well that may take it down further.
ST Could the ES be building out a diamond on the 15m (over last 3 days) for a move to the upside? 1340 Fed Chairman Bernanke addresses microfinance summit in San Antonio, Texas