Thursday, November 5, 2009

ES Emini Futures Trading PreMarket Review 11/05/09


The market tested Tuesday's high volume area, but is now testing yesterday's Point of Control with the help of some positive economic news at 0830 ET. Yesterday's Point of Control is still resistance until the market trades above it, in which it will then be support.

We get the Employment Situation Report tomorrow morning at 0830 ET.

Charles

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