Monday, March 15, 2010

ES Futures End of Day Review 03/15/10




There are times when the market will do something different after the energy market closes at 1430 ET. Today was one of those times. After 1430 ET, we got a bullish $TICK divergence, and the market proceeded to break throught resistance levels. It climbed back to yesterday's Point of Control.

Today's Point of Control is 1142.50. The market is also back above the previous yearly high of 1143.25.

Charles

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