Wednesday, March 24, 2010

Wed. 03/24/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures
Last night's post called for a consolidation day with narrower range (8-10 points), which played out well today. The day session range was 7.75 points, and the 24-hour session range was 9 points. I was anticipating Responsive Buying at 1161, and that turned out to be the low tick of the day. We're continuing to build acceptance (volume) in the 1163.50-1164 area. I expect selling pressure below 1164, and buying pressure above it.

ES 5-Minute Chart


ES Day Session Volume Profile Chart
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2 comments:

  1. AnonymousMarch 24, 2010 at 9:21 PM

    E-mini,
    Almost everyone can do the homework, yet the way you interpret the numbers make it extremely valuable.
    Thank you again for sharing your hard work.
    Ruth

    ReplyDelete
  2. E-Mini PlayerMarch 24, 2010 at 9:35 PM

    Hi Ruth,

    Thanks for the comment, I'm glad you find my work useful.

    Best trading!

    ReplyDelete

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