Very interesting day last night, after finding support previous sell off lows ES rallied back up to “brick wall” 882 level , filled the gap and continued to rally, luckily i managed to capitalize on most of the first 3 moves but not the last run up, should have listened to my analysis from last night:

Key resistnace levels before 910 are 882-884 “brick wall” area and multiple time s/r level, which will also be laminated with 200ema hourly. Break above that key level will like result in test of 896-898 monthly 50% level.

Some notes:

  • market made a huge move towards the OPEX Max Pain level ~910
  • Biggest up day this month on very strong internals and Super Woman MW
  • Very wide range day with all main indexes trading 165-175% of average range.
  • Most FX pairs remained relatively quiet besides CAD. Euro continues to be stuck in consolidation range.
  • Back to back to back very high  put/call ratio finally got the bigger pop off support
  • ES paused at 50% retracement from yesterdays wekened ES update
  • Besides this retracement there isnt much in the way of ES getting to the top of the channel on hourly and big retracement
    es60eod

Will post full updates for Euro gold and ES later tonight

have a great rest of the day

Vlad