Tuesday, June 8, 2010

ES Futures End of Day Review 06/08/10

Just before 1400 ET as the Energy Pit starts to trade in its last half-hour, we got a bullish $TICK divergence and a reversal in the short-term trend. In the futures last half-hour, we got another bullish bounce as the market traded to the overnight high. On the daily chart, the market is trying to bounce off of the lower Keltner band.

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