Action Levels for the ES
After Friday’s decline, the ES could be on the verge of much more selling pressure ahead. Take a look at the action levels that I’ll be looking to play today.
Analyzing the E-Mini Russell 2000
The E-Mini Russell 2000 is giving me conflicting vibes about future direction. While lower timeframes indicate a downside reversal to come, the daily chart suggests a little more upside could be seen. Let’s take a look.
This Metal is Ready to Move
Copper Futures has been coiling the last two months and looks primed for a major breakout opportunity. I’ve got a few reasons to keep your eye on this commodity.
Buy $TPX and Sleep Tight
Tempur-Pedic ($TPX) looks like a buy – both as a stock and as a mattress. $TPX has traded in a highly predictable manner within a clearly established range since March…and looks poised for another bounce!
Has the Russell 2000 Found Support?
The major market indexes have been testing price levels below critical support areas over the last two days, but some indexes are beginning to show signs of life – including the Russell 2000 Index. The $RUT has high concentrations of support confluence that could lead to a big bounce in this index. Let’s take a look!