Thursday, November 17, 2011

Mid Day S&P500 Future Chart

The dollar is still firm over 78.20 and crude is still out in left field .. it is a train running without a conductor .... 1220 was the ES low this morning.. and that was NOT random.. take a look at my previous days tech and notice this yellow dotted line has been in play for over a week..... beige dotted line no medium term support...... below 1220 the market will buckle...

5 min ES