$ES_F – sellers at the lows cover again

Today’s low 1942.75 is where Tuesdays EOD shorts are, and sellers Wednesday and the laggards on Thursday. Fairest price in range just moved to 1949. Head and shoulders pattern doesn’t matter to me really, its been wrong so many times and is sometimes right but needs downward momentum and some intense geo-political situation to create…

ES 24/06/2014

Parabolic moves in ES and NQ today. Note how NQ had a lot further to drop – white vertical line on both charts shows time of drop on ES. 1934 is the area where price left after FOMC. A retest on lower volume is bullish. Lets see what happens Wednesday.