Friday, June 19, 2015

#PreMarket Thoughts and #ES_F Levels for Friday, June 19, 2015



For now the ESU5 overnight (OVN) session is indicating higher; as long as holding above today’s key threshold 2108 more upside will or should come with ease. While above 2108 the upside targets are 2123s/24s then new ATHs at 2128s-2132s zone.

If below 2108 the profile is very thin which will equal good chance to fill and test 2104s/03s. If a breach below 2103 the bulls will still have nothing to worry about as long as remaining and closing above 2101s/2100s.


Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC