PLAY THE RANGE, PLAY THE SHIFT, PLAY THE PULLBACK FOR CONFIDENCE 11/15/13

PART 3 in the recent series is Play the Pullback for Confidence.  We had a range, we had the market shift.  Next is a move by the market for confidence to prior support in a bull trend, resistance in a bear trend.

Euro Zone look:   [03:33] <CM> resist at 91  see if es will pb to test support  from the over bought area  t1 87 t2 84-82

Market was over bought from the FED news and likely to PB to a confidence level.  Those levels were Target 1 (1787) and T2 in the 84-82 area.  You can not watch the market 24/5.

 If it moves while away, play again on another day.

  If the fundamentals are unchanged when you return, get ready to take your turn!

And the decision was: market is unchanged look for the trade.

[08:01] <CM> the 2 point bar chart shows the T1 T2 that has developed  (chart removed)
[08:02] <CM> play safe in the street!

the market hit 1788 and drifted back to the 91 resistance area.  Reason(s) to enter, reason(s) to go away from  a multi-chart look.