Monday, January 25, 2010

ES Futures - Premarket Review 01/25/10



We have a large volume ledge from 1105.75 to 1109.75, which is resistance. We have a slightly smaller resistance volume ledge between 1100 to 1105.75.



After correcting 5%, we have a small overnight bounce to the upsside, but the market is staying below Friday's volume resistance. Overnight high is 1103.
Charles

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