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Perlin's support and resistance levels for today in the E-mini S&P for 1/14/2019


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Good morning traders, coming into this morning the E-mini S&P 500 was at 2573, down about 20 points. This was most likely due to bad news out of China overnight but, the market did rally and has recovered most of its losses and is currently trading 2585. Looking at the charts, I would be comfortable buying a dip if the market lets us. Key levels to watch today are 2560 which was low on Jan 10th and 2636.50 which is the 50-day moving average.

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Greg is a former Chicago Board of Trade member. He was an independent floor trader, pit broker and floor broker with Cantor Fitzgerald. Some of his clients included traders from Morgan Stanley and Lehman Brothers. He also acted in the capacity of desk manager for the morning trade desk. Greg was part of the elite Lind Plus Division for 10 years before joining RJO Futures in 2011.  To contact me directly you can email me at gperlin@rjofutures.com or by calling me at 800 826-2270

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