Tuesday, June 8, 2010

Pre-Market Warm-Up 8 June 2010

Overnight the ES rallied to 1060 first and then sold off to 1045. Right now we're trading at 1052, a few handles above yesterday's close.

The ES is either in a diagonal or made a series of 1-2s. Waiting for a break either way.

And a fractal for the SPX with a target of 1070-80 if we begin to rally shortly after the open: