Tuesday, July 7, 2015
#ES_F Update & Levels for Tuesday, July 7, 2015
As of now the thin profile and low volume area (LVA) above 2078s is containing ESU5 upside which means there is now very
good chance ESU5 is heading to the
key 2026s-2020s zone while holding below
2057s/58s this week and definitely
while/if holding below 2046s today.
Only a move/hold/close above 2058s will negate lower to 2026s/25s
and lower with ease.
Ethan Premock
Hamzei Analytics, LLC
#PreMarket Thoughts and #CL_F Levels for Tuesday, July 7, 2015
CLQ5 is
getting extremely close to the 51s
target and while below 53.75 or
below 54.40-54.70 zone as line in
sand (LIS) 51s will likely get
reached sometime today.
If above 54.70
there is still a good amount of resistance from 56.40 to 57.30 to get
through before considering a macro bullish bias. If below 51 today/this week 49s
will then become the next lower target.
Ethan Premock
Hamzei Analytics, LLC
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