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SP500 emini pre-open Wednesday 24th June

Posted on June 24, 2009 Written by Chart Prophet

posted 9.20a.m. est

Pre-open Wednesday 24th June

As expected, Monday’s day session low at 887.75 was tested. Significant Buyers Responded (green at bottom). 

There may be a bounce here but I’m not interested in the long side now unless I mark Effective Buying activity above 907.5 and frankly I’m not expecting to see that anytime soon.  As I wrote a week ago >>I believe the best strategy now is Sell Rallies rather than Buy Dips<<

sp500-pre-open-24th-June
sp500-pre-open-24th-June

 

 

Filed Under: emini SP500 (ES)

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