Yesterday's Power On Close = Strength
Today's Open = Open @ 1201.50 GAP Dn (23.5pts)
Result = Range Till 9bar
Today's TREND = Range till 9 bar
Today's TREND = Range till 9 bar
Today's 15 Minute Close Bar =UP @ 1169.75
Today's Power On Close = Strength
Today's Power On Close = Strength
Daily Volume = 2.4M Volume
Today's $TICK close = -302
R1 1143(Globex), R2 ,1163 R3 1168, R4 1181
S1 1136(Globex) S2 1132, S3 1111, S4 1076
Daily Market Bias For Tomorrow =
0
Daily's are showing some signs of Weakness, The ES has rolled over and broken back down into the 1138 area in early Globex trading, We Gapped down over 50+ points in the last 1 trading sessions, losing only 16pts during normal trading hours. This type of manipulation is to keep the public out if action and what better time than a 3 day holiday weekend called labor Day to pull this off. Anywho the next stop for the @ES appears to be 1132 then on the S3 @ 1111. The Selling Momentum should continue on a break of 1132. However i would not rule out a bounce as many stops have already been taken out on gaps and there is still some strength in the background from the Aug 9 Low. If we get accumulation patterns in the next few sessions we may test the gap zone.