Friday, July 8, 2016
Thursday, July 7, 2016
Wednesday, July 6, 2016
Good morning. Interesting price action overnight and and a busy calendar today should give the ESU6 ample trading opportunit. On a larger frame, I am becoming less inclined to be in dip buying mode as a bias, and just trade as an opportunist this week.
Prices to the downside start with 2069.00 (*) which is an important early risk marker, followed by the 2067.00 (*) Globex low area. I want to be short beneath the 2067.00 level and look for 2063 (**) as a minimum target and then 2057 (***) as a last line of defense for bulls before price action could turn ugly.
To the upside, 2075 (*) should offer some fair initial resistance followed by 2080 (***) which will be vital for bears to defend or bulls to break. Next is 2084 (**) and if bears lose this then I expect for 2100 to trade again.
All the best;
Hamzei Analytics, LLC
Posted by Hamzei Analytics, LLC at 8:45 AM
Tuesday, July 5, 2016
Disclaimer and Terms of Service
© Copyright 1998-2017, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, 6840 Huntington Lakes Circle, Suite 201, Naples, FL 34119, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Anlaytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.