ESZ13 – December E-Mini S&P (Last:1682.00)

We squinted and pored over the lesser charts in search of an attractive real-time trading opportunity during yesterday’s tutorial session, but there were none to be found. Bears held a small edge at the close amidst a tedious flux of bullish and bearish impulse legs, all of them minor.  Even so, your best bet for today my lie in the ‘external’ peak at 1692.75 that I’ve flagged in the chart. Any ‘dwarfed’ impulse leg that exceeds it slightly, then pulls back into a ‘b-c’ correction, could get you aboard for a bullish finishing stroke to the week.