ESU9: Today we’re doing the same thing we did yesterday, but on a larger scale. Yesterday we developed a Complex running C/T on a smaller scale (90 minute chart)
Today we’re doing exactly the same thing but on the 240 chart.
We’re still pointing up to 1025.25 to 1027.25
Large traders shorted very heavy in the 1001.00 to 999.00 price level.
Currently they are aggressively protecting their investment.
I believe their strategy is a mistake. They traded much much too aggressive at such low levels.
The close is up, and it’s probably a huge move up.
Until then expect sideways price action.