ES Thursday 8-31-17

I'm going to refine once we see overnight trade but for now lets start with the weekly....Two weeks ago we had a weekly POC at 2563.75 so that goes well with our 1/2 sd band and the R1





Next lets go to the daily Mp chart...Note the selling tail from 8-17 trade that broke down the lows from 8-15 and look where Wednesdays high is....also note that I have the high of that day marked and also the breakdown point from the 16th of August...so lines are snapped at 62.50 and the 64...right in between is our 63.75 !!!





and last but not least is my favorite chart that breaks apart Wednesdays session with most of the high and low time areas marked


above the 62 - 64 will be the POC from 8-16 at 2567.75 and a low time spot just above at 2568.25

You were the "hunter" today Bruce, very nice. Scale outs are a good thing...

thanks gang...for a moment or two I thought they were gonna get me two days in a row....that would suck normally but going into a long weekend and a day off ( tomorrow) would have made that really sting !