Wednesday, October 13, 2010

ES Futures Morning Review 10/13/10

There was some profit taking early in the trading session, but not enough to get the market below yesterday's high. So far as a result, we have an unfilled gap. The overnight high provided some resistance, but the bulls were able to trade the market just below R2. Not a lot of buying power as indicated by this morning's high $TICK being lower than yesterday's high $TICK, but very little selling.


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