Tuesday, March 16, 2010

ES Futures Morning Review 03/16/10


The market corrected this morning just enough to close the open gap. In the first hour of trading, buyers started buying when the $TICK came close to the -600 level. Going long following the 1000 to 1020 ET correction makes me a little nervous. That trade in the last two years has been a money loser. However, it has been working lately.
Charles

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