ES Charts of The Day November 15, 2016

Daily:

We spent another day inside the 2170-2150 range and each move to the edge of that range area provided excellent trading opportunities.  It was another fantastic day and excellent start to the week in the chat room.  Today will be about the same things as yesterday.  Can the bulls convert 2170 to support.  The globex move to 2169.75 was rejected 7 handles.  2150 remains  open for a test as it was all day yesterday.  Bears were able to test to 53 but no more.  A hard move below 50 opens up the ability to test weekly pivot at 2123.50.  For now we have the range which has produced a fantastic environment.  See you in the room.

We spent another day inside the 2170-2150 range and each move to the edge of that range area provided excellent trading opportunities. It was another fantastic day and excellent start to the week in the chat room. Today will be about the same things as yesterday. Can the bulls convert 2170 to support. The globex move to 2169.75 was rejected 7 handles. 2150 remains open for a test as it was all day yesterday. Bears were able to test to 53 but no more. A hard move below 50 opens up the ability to test weekly pivot at 2123.50. For now we have the range which has produced a fantastic environment. See you in the room.

Hourly:

111516-hourly