Wednesday, April 28, 2010

ES Futures End of Day Review 04/28/10

The NYSE Advance - Decline Line going above 1000 at the start of the day was a surprise. But the market did close the opening gap, and stayed in a narrow range for the day. The futures did close on the bullish side, but the market is still below its 10-period EMA on the daily chart and remaining in the bottom half of its Keltner Channel. The overnight market well depend on how the Europeans feel about the Greece situation.

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