Consolidating Monday

Good morning all.  Not expecting much today as we will not have many reports to speak of and a big move to consolidate from Friday.

Bias is + and significant Resistance is 1,150.  I don’t expect we’ll trade much out of the range of 1,135 and 1,145.

Levels of importance:

  • R2 -1,161
  • R1 – 1,152
  • Pivot -1,135
  • S1 – 1,126

Have a great trading day and trade the extremes!

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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!
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