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E-mini Executors: Slightly Bearish

Thursday, August 13, 2009

Slightly Bearish

We are still holding this fibonacci retracement at 1016.00. The data this morning also did not please the market. I am still cautious on being bearish because of the way we are trading up here. They keep selling and we don't go anywhere. I will be selling rallies until we get above this overnight high. Trading small waiting to see what happens. I have support at 1000.25 and 993.00. Resistance above at 1022.00 and 1029.25.

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