Futures are trading lower and below fair value after the nice three day weekend- Levels I am looking at-

The 20 day EMA has been support for a while and now looks like it will turn into resistance - the level near 890;

The 50 day SMA - near 850 - should be big support;

The 200 SMA - big resistance near 935;

The first FIB retrace area- near 868 with a 930 top and 666 bottom - 868 the 76.4 retrace level.

The pivot points also look good today as the have been touched both ways on the ES YM and NQ-

ES Support near 877 and resistance near 884 to start;

YM 8200 support and 8260 resistance to begin the day;


Anonymous Anonymous said...

Nice picture!. If you post more like that you'll get a lot more hits, ala tradinggoddes. ;)

9:26 AM  
Blogger DAVID said...

Great thanks- Its the current Mrs. Arod

11:36 AM  
Anonymous Anonymous said...

I liked her momma better.

Go Gators

12:19 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home