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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Lee Lichterman III
towerdog
To: Lee Lichterman III who wrote (45195)11/30/2021 4:09:37 PM
From: Sun Tzu3 Recommendations   of 96631
 
Mark this number - ES@4556

This is the low of the day that happened due to that massive MOC imbalance, which in turn caused the final 5 minute rally. This number should be a short term support. The bounce closed at 4584. That should be the immediate resistance, though it should not be as strong as the support.

If somehow the 4556 is broken over the next couple of hours (unexpected), then likely a lot more overnight selling is in store.

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BTW, I'm sure you know that the initial twit was for 997M MOC sell imbalance. But later it changed to 8.1BLN. I wonder if people saw the first number and panicked.
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