Wednesday, November 27, 2013

MORNING ES PREVIEW FOR 11-27-2013

Two important notes, 1.  Notice we had no bias in terms of direction today.  2.  Clearly outlined failure to hold above 1807 would produce downside move.  3. Noted that rotations down into zones below of 6 points or more would produce good trade set ups.  Pretty much exactly how ES played out.  See for yourself.  Levels+Strategy = SUCCESS .




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Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

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