ES Morning Update OPEX Friday
Yesterday, 6109 served as both the sell target and support in ES, and that level held all day. I was targeting a move to 6129, which was hit, and then the market rallied close to 6145, just a few points shy. After a backtest, 6129 held overnight.
As of now:
• OPEX today—avoid overtrading and simply hold your runners
• 6129 is key; it keeps 6145, 6156, and 6161+ in play
• If 6129 fails, expect a dip to 6116
As of now:
• OPEX today—avoid overtrading and simply hold your runners
• 6129 is key; it keeps 6145, 6156, and 6161+ in play
• If 6129 fails, expect a dip to 6116
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