Wednesday, February 3, 2010

Wed. 02/03/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
After yesterday's strong trend day, some consolidation was expected, and that's what we saw today. I was anticipating some range extension to the upside, but looks like the market is waiting on the Friday jobs report before making the next directional push.

ES 5-Minute Chart for 02/03/10
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2 comments:

  1. nFebruary 4, 2010 at 8:15 AM

    Hi e-mini

    I'm wondering what are those green and red arrows on your charts.

    Is that and indicator or you drew them yourself?

    Thank you

    Bráulio

    ReplyDelete
  2. E-Mini PlayerFebruary 4, 2010 at 9:56 AM

    I plot those in manually -- they're just low risk areas to initiate trades.

    ReplyDelete

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