Wednesday, January 18, 2012

Wednesday Morning S&P500 Look

5 min ES. showing 1287.50 support below will see quick selling into 1285.. that fails.. 1280.. Euro strong like bull over 1.28
15 min CL 
CL on its own again.. but showing up with weakness a bit later then equities though.. equity futures became weak around 5 am.. CL sold off front its high of over 102 only about an hour ago.

below 100.50 CL could again run to below 100..  if it holds we chop around into new highs..