Monday, June 21, 2010

June 21 2010 ES Prep Posted


Premise for today will be to see where price pulls back to in attempt to build inside support for a continued move to 1142.00. I have illustrated very shallow inside support at 1125.25. This is indicative of a very strong move if it holds. If the 1125.25 area breaks prior to the open, look for a move back down to 1116.50. If 1116.50 does not hold, trading will be very tough in that area. Price is currently trending up so I will go will the flow until proven otherwise.

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