Thursday, May 19, 2011

ES Futures And S&P 500 Review 05/19/11

The S&P 500 Index is bouncing to the upside following the test of its 50-day moving average. The ES Futures is currently testing its 10-day MA. On the 5-min chart, the futures has stayed above the 78-bar floor trader pivot since 1500 ET on Tuesday afternoon.


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