From today's EMiniPlayer.net Trade Plan: Sellers were active overnight and pushed ES down to yesterday's
Bull/Bear Zone, where Responsive Buyers were active. Heading into the
day session, wse have Pre-Market Resistance at 1396.50-1398.50; we'll
also be using that areas as the Micro Bull/Bear Zone to establish
short-term directional bias. A break and hold above 1396.50-1398.50
would bring the previous Close at 1400.50 and the 1402-1404 Initial
Resistance Zone into play. On the downside, holding below
1396.50-1398.50 could lead to a test of 1386.75-1388.75...ES is set to open below Value; use the Opening Range and 1396.50-1398.50 to establish immediate bias off the open.
5-min Chart with EMiniPlayer.net Support/Resistance Zones
View full size chart
5-min Chart with EMiniPlayer.net Support/Resistance Zones
View full size chart
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