Friday, December 2, 2011
ES Futures Anticipating Good Employment Report 12/02/11
The ES Futures is anticipating a good Employment Situation Report this morning. The market, however, is reaching previous resistance levels. Be cautious since this could become a "Buy on the rumor and sell on the news" event.
Of course, if the market trades above resistance on good volume, then resistance becomes support.
Charles
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment