Thursday, June 28, 2012

S&P 500 futures take out the 1330 level

15 in ES_F
5 min 6E.. showing a
as we saw a major spike in the euro over the 1.246 level.. we had spoken in the trade for profit forum about 6E wanting to test 6E as well as commodity markets looking coiled up.. the 1335 level is now being converted to support.. 1330 support under... 1340-50 clear resistance up into 1380. EuRO 1.26 has been regained as i type.. 1.27 now target of next line of defense.

5 min CL with inverse H&S

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