As usual 2 legged up move and again slamming into overnight low for a pull back. You know we are stuck in a range without tweets or something but it is less boring to pretend something could happen.
So far I am beginning to appreciate Andrew's pitch fork.
woops, that was overnight high.
Chart for the road: indecision as far as price action, momentum indicators are crossing bearish today, bulls beware. poor Hi and poor lo intraday today got me yawn..... Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Sorry to sound like a broken record but ES prices with a zero and somewhat with a 5 are supposed to be big time options strike levels. Or any other theory as to why ES 2990 is a true wall today. Only remaining question is do we hover or do we sell into the close. Unless the big boys dial up a ramp express to move things back to 3,000 for the close.
if the rebound can touch the blue line again then a breakout on the upside would be more likely.
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