ES Tuesday 2/25/14
Good morning. I'm still looking at that 4600 number as a critical bull/bear line this morning. We tested it a couple of times O/N and got pushed back. I also have a t pivot right at that number and the VAL from yesterday is just below at 4500. So we either saw a spike above value and we have reentered the range or they will try again to push above. Will we open in value or not?? We are flirting with that now 9:08 est. Good luck all.
a quick shot of how value is building lower than yesterday and the double tops slightly above the POC of time from yesterday...this battle is over yet between last weeks highs and that swing high at 46.50....trade at the extremes is probably best if u stay and play
Click image for original size
i thought in general that was a tuff trade to make only because of all those mini bell curves above......just plain ugly action yesterday and nothing crystal clear
I refreshed my data and there is no double top at the highs...just an FYI if somebody was trying for that high
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