Elliott Wave Live: $ES-F Updated Chart

Monday, June 6, 2011

$ES-F Updated Chart

The Market remains under pressure and price action is following the script for an expanded flat. Here is the updated chart from yesterday's edition of Heard On The Street. For today I was looking for a break of the lower boundary of the price channel. Assuming the market closes below this key are has very bearish implications.

I'll cover today's move on an intraday basis as well as identify a potential short opportunity in tonight's edition of the Market Pulse. In the interim, let's see how the Market closes.

Best of Trading.

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Monday, June 6, 2011

$ES-F Updated Chart

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