Lakefront Blog

S&P 500 E-mini Is pulling back from the bottom of the 2075-94 zone so this pullback is likely just technical. We remain bullish above support at 2042 . Use Pivots for intraday resistance and support.. Possible head and shoulders could be problematic for bulls.

S&P 500 E-mini Is pulling back from the bottom of the 2075-94 zone so this pullback is likely just technical. We remain bullish above support at 2042 . Use Pivots for intraday resistance and support.. Possible head and shoulders could be problematic for bulls.

Nasdaq-100 E-mini We favor bullish action above 44465 with intraday resistance now at 4520. Below 4465 would target 4429/4395. There is a possible head and shoulders forming that bulls should keep an eye on.

Russell 2000 E-mini We favor a further move higher above 1095 targeting 1113(hit)/1125. Below 1095 would negate the bullish bias and favor a further pullback into 1058/1041.

Euro FX has bounced off support at 1.0750-1.0860 and back into 1.1335 We will now look for rotational action between 1.0750 and 1.1335. A breach of secondary resistance at 1.1472 would favor another leg higher into 1.1718.