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Guesstimates on October 5, 2016

December S&P E-mini Futures: Support at 2136 held yesterday and the ES should now be on its way up to 2168-72. I think that the 2200 level will be a ceiling until a drop big enough to generate substantially more pessimism develops. A failure of 2136 support would be quite bearish. For then a drop well below 2100 will be underway and would probably carry to the Brexit low at 1980.
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Guesstimates on October 3, 2016

Business & Finance / Investing : Carlfutia.com

December S&P E-mini Futures: The ES is headed for 2136 midpoint between the 2100.25 low and the 2172.75 high, support from which it has bounced four times during the past week. I think a drop visibly below 2136 would be quite bearis...

Guesstimates on October 11. 2016

Business & Finance / Investing : Carlfutia.com

December S&P E-mini Futures: Support is again at 2150. A drop below that level will mean the ES is headed back to the multiple lows which formed near 2136. A drop below 2136 would be very bearish and continuation below 2100 would th...

Guesstimates on October 12, 2016

Business & Finance / Investing : Carlfutia.com

December S&P E-mini Futures: After turning away four previous drops the 2136 support level failed yesterday. I now expect the ES to drop to 2100, bounce 20-30 points from there, and then continue downward to the Brexit low at 1981. ...

Guesstimates on October 10, 2016

Business & Finance / Investing : Carlfutia.com

December S&P E-mini Futures: Support is again at 2149. The ES is likely to advance to 2168-72. A drop below 2136 would be very bearish and continuation below 2100 would then become likely. In any case the 2200 level will be a ceilin...

Guesstimates on October 7, 2016

Business & Finance / Investing : Carlfutia.com

December S&P E-mini Futures: Support is at 2149. If it holds the ES is likely to advance to 2168-72. If it fails a drop below 2136 and eventually below 2100 will become likely. In any case the 2200 level will be a ceiling until a dr...

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