Thursday, October 22, 2009

End of Day ES Futures Review 10/22/09



The market loves to surprise traders, and Market Profile wins again.

I really didn't think that the market had much of a chance to test yesterday's Point-of-Control area based on yesterday's high volume sell off. But as Market Profile points out, the market likes to retest or go back to where the volume was recently. And that is what the market did today.

May wonders never cease.

Charles

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