overnite traders were able to buy the 5/8 retracement in es so i expect to see the 1320 area defended, perhaps around 1325 on the us open. 1332 resist holding so far
es touched the sunday nite gap around the london open. also gold cratered nicely about that time
looking for resist in es there and gold to hold 1/2 way down to that low today
We are 1/2 way back on the year today. Rallies have been kicking in after europe closes lately,
after all they have had their fun with us so far today.
Once again the nite session gets the trade in the direction of the trend and we get to try to catch the falling knife in the day session.
The mkt has been rallying after europe closes mostly lately