Mixed Signals


ES Got it right last week for the most part. Went below the 2000 before turning. Now it is wanting to hold here. If it breaks the 2080 it will move a little higher. I think it is going to hold here for a bit. We shall see.

TF Same read as the ES

CL Oil is still in trouble. I have no real support until the 32 area. It will probably find refuge at 40. It sure needs a break. Still heading south though.

GC watch 1239 for the breakout. I think it will chop here for a bit between 1175 and 1239. The bigger chance is that it will do this and eventually break out.