2/11/16 Nightly Update

The markets are stuck between 2 major pivot levels on the hourly chart at the moment. We briefly traded above and below those levels today but with not being able to close over/under either level we are essentially mixed right here. With that being said I would wait for a break and close beneath 1806 or above 1833.50 and play in that direction until the next level of support or resistance is met. In between that is the danger zone for your account at the moment.

Eric Marcus
President/Co-Founder
majorleaguetrading.com

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