The week ahead and some Scarlet Fire

Should be an interesting week as we should see some volume back in the markets for the first time in months. Anything is possible but key levels of resistance are at 1115, 1130 and 1140.

Stay alert as this week should give some signs of direction going into elections in November. Futures trading above R1 already this AM at 1114. Trade the extremes!

R2 – 1112.25
R1 – 1108.50

Pivot – 1102
S1 – 1098.25


About thefront9

Independent trader with a flexible approach to the markets. Position trading, swing trading and day trading using Futures, Equities and Options. This site is intended to help others (and myself) see what I see and to stay true to the discipline of making trades at the extremes. Contrarian and TastyTrade addict! Living in Texas with my family, helping others and maybe playing some golf from time to time makes life busy and great. Add a little music and humor and that just about sums it up. Trade the extremes and manage risk.....always!
This entry was posted in Daily Pivots. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s