TakeProfitTrader

Morning Ideas October 9, 2019

Short
CME_MINI:ES1!   Futures E-mini S&P 500
Market really struggled yesterday after initially pushing to the previous day's value high.

However, on the morning ideas yesterday, I spoke of the 95 area and we did indeed get a nice bounce there yesterday, only for that bounce to fail at the end of the day.

I see this market having trouble holding on to higher prices, and would expect to see some weakness towards the closing price of yesterday.


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