Thursday, March 4, 2010

ES Futures End Of Day Review 03/04/10


































Today's Point of Control is 1119.50.

Today was the fifth day that the market had a below average range. The employment situation report tomorrow morning may help the market break into a wider trading range.

Just before 1400 ET, we got a divergence between the Futues and the NYSE Advance - Decline Line. It was uphill for the market from that point on.

Charles

1 comment:

  1. yep, divergence gave the good opportunity for profitable trade. luckily didnt miss it.

    ReplyDelete