Friday, January 24, 2014

ES ~ Globex ~ 24 January 2014

As mentioned yesterday, a break of 1832ish (~1827ish in the ES) should lead to a decline to 1812-16 (= ES 1805-10). Overnight the sell-off continued and we hit the support area a few minutes ago:

I think that we will see a bounce at this level, targets are 1820 and 1830 (ES).

Author: Patrick Eugster