Tuesday, October 20, 2009

End of Day ES Futures Review 10/20/09

The market did close above today's Point-of-Control price. The after hours market is currently staying just above this high volume ledge.

As the market tested yesterday's day session low, we didn't get a $TICK divergence. However, selling pressure dried up enough to allow the market to trade back to its VWAP line.
At that point, I was only expecting perhaps a 2-point pop up. But the market kept going to the upside - without me.

No comments:

Post a Comment