Drops: In forward Weekly timeframe and expectation is that the current week will come under 'selling' pressure.
The Random trading length on the move down has rotated back into major Support zones in both the DOW, and ES
DOW: Support 13584 ES 1504.. (November 50% levels)
These support zones need to be verifed by Friday's trading.
Support needs to be confirmed by a weekly close above or thereabouts, with Monday next week once again following an upward pattern as occured the previous week, if it remains above these levels.
Day:-trading is currently below both risk levels for Friday....as shown below
The Random trading length on the move down has rotated back into major Support zones in both the DOW, and ES
DOW: Support 13584 ES 1504.. (November 50% levels)
These support zones need to be verifed by Friday's trading.
Support needs to be confirmed by a weekly close above or thereabouts, with Monday next week once again following an upward pattern as occured the previous week, if it remains above these levels.
Day:-trading is currently below both risk levels for Friday....as shown below
Posts
