For Wednesday I want to have a downside bias. The pivot on the ES is 795 and price is a good deal below that this evening so I would think any move into that low to mid 790s area is a decent short setup as resistance is heavy there. They could push this market lower pretty swiftly so dont be surprised. There should be some decent support in the high 760s but below that and I would be looking for 741.
erin burnett
Posted by teedypii |Friday, 7 October 2011
at 11:44
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