/ES S&P Futures 07/11/12 Channel Update

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As mentioned yesterday, watch for the dip below the channel only for it to close back inside. 

http://www.hotstockmarket.com/t/238458/es-s-p-futures-dont-forget-the-channel-07-10-12

Levels are still the same

price is making it's way out of the channel again. obvious 1330 support. after that it's monthly poc at 17

So far, a 10 handle bounce off of the monthly POC. I said 17 above but the accurate level was 18.25, so about 6 ticks shy of that for the LOD. 

I bought :) just one lot though

maybe I can swing something and scale in / scale out. we'll see. 

well timed post btw!

out at 33.5 

did a quick dip in oil after that exhaustive move that led to +3 deviations away from the POC

I got a super horrible fill on my market cover though..about 6 ticks

target was +1 deviation away from the POC...I covered and then it bounced.