Monday, September 24, 2012

December ES @YR3

The S&P futues(Dec) has ran into resistance at the year R3 pivot point and the monthly R2 pivot point. I said last week look for a pullback. We are finally getting one in pre market today. Look for a pb to 1425-1430 this week.

the NDX also kissed the yearly R3 pivot point last week(see my tweet). All 3 indexes are at major resistance(yearly R pivots)!