小学生的 ES 作业 (1/19/2016)

HappyMoney

Today ES gap opened higher 22 pts, and sold after the open. Sell rally still is the primary strategy and still works. The positive side for today's action is that SPX held its Friday low, and bounced in the late afternoon. Could that be a successful retest and mark a short term bottom? I don't know. I see only 50-50 chance of that. The least resistance is still to the downside. Traders still sell rallies. This pattern needs to break before a tradable bottom can be confirmed. Earning season just started. If the market starts to trade on individual companies, that could be a positive sign. Right now, market still track crude oil almost tick by tick.

For this week, the high odds scenario is that ES to trade mostly within last week range, to build a short term base, and maybe rally next week or February. If it makes new low this week, I tend to think it might not be too far from last Friday low 1849.25. At current level, shorts are cautious to press lower, and buyers have no rush to buy. The short term and day trading strategy is to look for 2 way trade to fade in both directions at stretched levels.

For ES trading tomorrow:
·         Bias neutral.
·         Levels to watch: 1943, 1925, 1912~1915, 1892~1895.5, 1874, 1856.25, 1849.25, 1836.

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周末偷懒, 没做作业, 结果今天不知所措. 教训啊, 所以说笨鸟一定要先飞.

ysc

源济

谢谢分享！

qianshui

shibainu

novice_trader

wgao1

acoust