Trading S&P 500 Index with ES 03-13 E-mini Futures Contract.
[caption id="attachment_6195" align="alignleft" width="150"]
S&P 500 chart[/caption]
Look like S&P 500 are going for nice correction.
1530.25 was the Highest price buyers was able to go so far. After all those
little move up of 5 points a days,
low volume and
low volatility in US Index Market; is nice to see this kind of drop.
Over 30 points on ES E-mini. It is the correction everyone was waiting for? Is look like. At least is a great start. Right now, we are in a
small consolidation. And
probably will go "UP" for few points. To be more precise,
1510.25 are the price I'm looking to go back at first. Is also a
resistance for Buyers. But we may pass this price and go till
1514.75 , If ever buyers pass this price too,
they should not support 1514.75. Also, Notice, we break the small Bullish Channel. [...]
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