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.
Charles

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