Good Morning.
Volume is building lower and lower off reports - unemployment was higher than expected, home sales lower than expected. It is going to be a while until the economy finds sure footing. I feel more comfortable selling the low volume rallies today.
Support and Resistance Numbers
ES ZB
r4 1275.50 116.18
r3 1270.50 116.05
r2 1263.50 115.22
r1 1258.75 115.10
PP 1256.50 115.04
s1 1247.50 114.46
s2 1240.70 114.16
s3 1236.00 114.10
s4 1230.50 114.01
Best
Josh Kelne
Office: 312-521-7347
800-845-9685
www.trademaven.com
Take the Trade
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