Saturday, May 29, 2010

ES Futures End of Day Review 05/28/10

The cash market retreated from its 200-day moving average, and the futures retreated slightly from its 10-day moving average to remain in the lower Keltner Channel on the daily charts. The retreat Friday didn't go very far, and the range remained below average. We have to wait until Tuesday to see if the market challenges Thursday's highs. A lot depends on what happens in Europe over the weekend.

No comments:

Post a Comment