Thursday, January 21, 2010

Thursday 01/21/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
Today's scenario is something I've been anticipating since last week. That's why I was surprised on Tuesday when ES broke 1127 and ended up bouncing to 1146+. Today's price action was great: rapid but structured price movement, with bounces to prior support -- I wish we had more days like today (in both directions).

ES 5-Minute Chart for 01/21/10

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