Monday, October 26, 2009

End of Day ES Emini Futures Review 10/26/09


I didn't follow the afternoon session all the closely. It ended up being a low volume afternoon with a bearish bias.

The market ended up at its Point of Control for today. However, the Value Area is below a multi-day range, which is now resistance. We will have to wait to see the overseas reaction to today's sell off.

Charles

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