i am fearful of being long right now, not too committed.from past plays its bear territory above 79.50 and bulls lack a little strength. will let 1 contract run, or get stopped out 78.50 stop loss. if upwards then could be good profits 82.00 and above might be in play but not sure if it will be smooth sailing.
I think R1 on the NQ is what's holding us up even on the ES. But if we can break through on the NQ, then ES will push up as well.
yup 82.00 area looks like good for shorting. not sure how low it will dip, but it is going up that is for sure so far. would like to see some support @78.75-79.00
dude, this trade long might be over already. when i say "82" i don't mean EXACTLY 82. how the freak would I know that? i mean LONGER from here, in a reasonable manner and I did this!
ha ha i know, we are not there yet, thats why i say 82.00 cos there is some more room to go upwards as per bigger time frame. around 82.00 and above i would favor short more for momo plays.