Tuesday, January 31, 2012

Monday Morning S&P500 note

5 min ES... post PMI sell off.. 
5 min ES
1318 and over could bring in buyers into 1325as over this lever last week caused a frenzy on the upside. I am no more a bull or bear than anyone but you gotta trade this market in the direction it moves or perhaps wants to move.

on the downside 1310 is immediate support. below we are back to yesterdays territory. 1305

CL bid over 101.39 .. 101.29 is the day high...

remember.. today is the last day of January.. window dressing perhaps..