Thursday, March 25, 2010

ES Futures Premarket Review 03/25/10


The market is trading above the last pivot high of 1170.50. About 70% of the time, the market will close the opening gap. The other 30% of the time, we need to watch out for a high volume range expansion in the direction of the gap. If the market goes back below 1170.50, the odds of closing the gap increases.
Charles

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