SP 500 E-mini Future
|5 min ES|
Currently the ES is higher by 0.47% or 7 points to 1541 with support at 1438. If you remember to last night we were targeting a 1540 break out, which occurred but has now been erased; profits when and *if you can is the only solution.
|15 min ES|
Resistance to watch for a pinch over is 1547 on the 5 min and 1543.35 on the 1 min, under 1538 means 35's under means 30 which leaves the only line of defense 1529.75 which if fails its going to flash into 1 points of sell stops.
Gun to my head if apple starts making lows off the open again the S&P's are not going to be able to keep the ship floating on its own, especially after soft IBM earnings yesterday.
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