Friday, February 5, 2010

ES Futures - PreMarket Review 02/05/10

The Employment Report was better than anticipated, and the market is now above yesterday's close at 1061.75. It is still below yesterday's Point of Control at 1067.50, which is still resistance.

Currently, we have the overnight high resistance at 1065, Volume resistance at 1067.50, and support at the premarket low at 1050.50, yesterday's low at 1059.25 and yesterday's close at 1061.75.

Charles

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