Sunday, January 10, 2010

Key Support/Resistance Levels (S&P 500 Futures) for Monday 01/11/2010

E-Mini S&P 500 Futures
So far, we've seen a push into the 1147 area in overnight trade, which means price is already quite extended. 1152.50 is a 100% extension of Friday's range. Above 1152.50, 1154 is also resistance. I'm anticipating a pullback either overnight or tomorrow morning, but will only consider fading this move at the extensions (1148.25, 1150.50, 1152.50). We have plenty of support levels on the way down, and as usual, I'm anticipating pause/rotation in the Strong Support Zones. Advice for tomorrow: set your biases aside and trade what's in front of you!

ES - Daily Bar Chart with Volume Profile and Key Levels


  1. looks like you got this thing right although we didn't hit the 48.25 exactly

  2. apologies for being off by a TICK :D

  3. youre so great, man. regradless of a single tick, I am still hats off on you.. Congratulations, i like yoyr blog


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