US Index report 29th Nov part 2
DOW and ES intraday:-
Both markets are consolidating, with ES currently finding support @ the Weekly 50% level.
I would have liked more range movement upwards earlier in the day and then for prices to come down from resistance and re-test the support levels.
This would have been part of the 'stalling' day after the change of the 3-day cycle.
At this stage of the day, any late movement either way will hopefully give a better set-up on Friday.
Full Report later...
Posted by
Frank Dilernia