Psalms 16:7, 8
Weekly Trading Zones / Daily Results
We remarked on today's show that even though the Zones are a bit wider than normal this week and that we were then trading in the middle of the Zone, we would still be surprised to not touch at least one Zone during the day session. On the YM we touched 10,134 to the tick and on the ES we missed the 72/73 Zone by 1 point. If 1057 is broken on the ES overnight session (currently 1059.75) we would expect a test of the 1049/1050 Zone before the US open. If 10,000 is broken on the YM we could test 9,954. It would appear that once again any chance of a rally lies in the hands of Asia and/or perhaps London. Sleep well..........