Friday, August 19, 2016
Thursday, August 18, 2016
Wednesday, August 17, 2016
Tuesday, August 16, 2016
Tuesday, August 16, 2016 #ES_F #PreMarket Comments by Michael Blythe
Good morning. Not much to comment on, looks like markets will wait until FOMC minutes tomorrow however the ESU6 is starting to drip this morning after the 7:30 am CST numbers.
2191 (*) Top of Resistance Zone
2188 (*) Second Upside Target / Resistance Zone Begins
2183 (*) First Upside Target
2181 (*) Early Pivot
2177 (*) Downside Target A / Top of Support Zone
2174 (*) Downside Target B / Bottom of Resistance Zone
2168 (**) Target C
*Feels* somewhat bearish but can’t discount dip buyers until the decide not to show up. Bears need a lower high from yesterday and to close at a lower low which shouldn’t be too difficult. Bulls need to buy an early dip this morning and hold the support zone.
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC
