Monday, May 24, 2010

May 24 2010 ES Prep Posted


Premise for today is to watch inside support at 1068.00. if this holds, look for test of 1087.00 minor resistance and potential range 1087.00 - 1068.00. Read is basic and I will play the range until it breaks out. I will look for longs off 1068.00 and extension pullbacks off 1087.00. I will look for shorts off 1087.00 extension failures and with structure into 1068.00. My plan today will be to continue to execute at extremes and hit pullbacks/continuations in the direction of my premise.

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