Wednesday Pivots

Good morning!

Watching the dollar today as it has now formed a swing low, which should last 3-5 days.  I want to see how oil and gold react, but so far no major pullbacks.

ES trading has stayed in this 1300-1330 range for 2 weeks now and it appears we will continue with that until the dollar swings back down.

Levels on ES for today:

  • R2-  1337
  • R1-  1328.5
  • PP-1317
  • S1-  1309
  • S2-  1297.5

Trade ’em well today and trade the extremes.


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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