Alot of news comming out soon, so lets keep an eye for key points for good entries.
Looking to follow one of these routes for trade plan.
My plan, iam currently short but will be looking to cover on support and look for what happens next in the grey support area.
So this move upward was very strong and direct, expecting some reversal either t holds at the new support and surges higher, which seems a bit outrageous to me, i would expect a bit more of a consolidation and fall back possibly to the heavily confluent area. If it goes ahead i ahve a fb level at .959 level for a target.
Further recover will lead us to the next Fib channel level to the 1.5 mark or failure and continue to fall with all the brexit and other Euro fears. If i see a failure and a break in below the middle yellow BB band will be a major sign things will be falling again.
These are the technicals iam following today already was long this AM on $ES for its nice push now waiting to see what happens
Possible breaking out up to retest but could just fall to 1.6 fib level. www.triggers.ca