Wednesday, February 17, 2010

Wed. 02/17/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
The Scenario posted last night ("Expecting two-sided moves, and an overall range-bound day tomorrow") worked out well today. I was hoping we would break above 1100, but then again, we've now put in four consecutive Up days with Closes near the High of Day. Perhaps this upside reversal is getting a bit tired and could use a little breather -- I just thought we'd get the breather after tagging the 1107.50 area.

ES 5-Minute Chart for 02/17/10


ES 30-Min Volume Profile Chart for 02/17/10


ES Day Session Volume Profile Chart for 02/17/10

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