Wednesday, November 11, 2009

ES Emini Futures Trading Afternoon Session Review 11/11/09




Just before 1400 ET, the market tested the noon low, and we got a bullish $TICK divergence on that test. The market at that time was also just above yesterday's Point of Control. This combination sent the market back to its VWAP line. The market also closed just above today's Point of Control price.

Charles

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