Thursday, November 24, 2011

Late Night S&P500 Chart (SPY)

5 min ES
NOT so quiet to night so far... everything is orderly this evening, though pressure is still on the bids.  The dollar opened up with a gap to 79.42 .. Euro basically UNCH though tested 1.3315......

if 1153 breaks we will see 1150 .. and if that cracks.. it could be a quick move to august lows.. which will be a the 4rd major test of 1100 level....1168 is the LOW for the DEC es contract.