ES Morning Market Preview: The Friday Trade

Jim Perez
November 16, 2012

Here we are at lows with market supply exhausted once again. That's how it's been the past couple of days ... New lows being made on long liquidation and once these longs liquidate we haven't seen much of any aggressive new selling coming in. For today we have our reference points framed out and our areas of interest identified ... What we'll do from here is pick up on clues in the order flow as far as stops getting exhausted and any obvious commitment from one side or the other in order to identify any potential opportunity. Book it, bank it! ... It's Friday!!