BengalTigger

Price. Nothing else matters! ( Update)

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Well, I guess 47 was a very conservative estimate. We blew past and almost tagged the 4600 mark. For now, the VST I would be watching the 4550 level and if that breaks then the 4470 area but there is more support down at the 4435 area. I have marked what suggests an IHS playing out and if that is the case, then the 4660 area seems like the next big area. We might kick our heels here and break down gradually before attempting that or go for gold. Perhaps that would depend on the big guys earnings this week. From my viewpoint nothing bearish about the charts.. but then.... GL

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