Thursday, June 3, 2010

ES Futures Morning Review 06/03/10

At 1000 ET, the market tested the overnight high, which acted as resistance. We then got a 3-wave pattern, which sent the market back to yesterday's close. On test of that support level, we got a $TICK bullish divergence, which then sent the market back to its VWAP line, which is now acting as resistance.

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