With roll over happening this week, I decided to look at the new December ES chart. Wow. The Yearly R3(YR3) pivot nailed the high last spring and the Yearly S3(YS3) pivot caught the fall we had last month. Then we bounced up to the Yearly Pivot Point at 1219 before falling again late last week. If YS3 fails look for YS4 @1038. We may just trade between Ys3(1095) and YPP(1219) the rest of this year. Open gaps above at 1325 and 1250, and below at 1090 and 1049.Wednesday, September 7, 2011
ES futures YR3 to YS3
With roll over happening this week, I decided to look at the new December ES chart. Wow. The Yearly R3(YR3) pivot nailed the high last spring and the Yearly S3(YS3) pivot caught the fall we had last month. Then we bounced up to the Yearly Pivot Point at 1219 before falling again late last week. If YS3 fails look for YS4 @1038. We may just trade between Ys3(1095) and YPP(1219) the rest of this year. Open gaps above at 1325 and 1250, and below at 1090 and 1049.
