Friday, July 19, 2013

Friday lower

The Hoot 
Actionable ideas for the busy trader delivered daily right up front
  • Friday lower, low confidence.
  • ES pivot 1680.25.  Holding below is bearish.
  • Next week bias lower technically.
  • Monthly outlook: bias higher.
  • ES Fantasy Trader remains short at 1643.00...

Short Post

I apologize for the brief post tonight, but the Night Owl is leaving on a quick overnight trip on Friday and needs to get some extra sleep tonight.  The blog takes about an hour to put together every night and I just don't have that kind of time right now.  We'll resume out regular chart run-down next Sunday evening.

For what it's worth, I do think the market's going lower on Friday.  Have a great weekend, happy trading, and see you Sunday!

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