Tuesday, February 9, 2010

Tuesday 02/09/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
The news and rumors out of Europe created some high momentum swings in the market today. I wasn't around for the Long setups, but managed to enter short at 1076.50. I had to run to class so wasn't able to fully capitalize on the move, but to be honest, I wasn't expecting price to go down to 1066.25 and if it weren't for news, I don't think it would have sold off to that level so I'm content with the trade.

Going forward, I'm going to start posting two additional charts in the Daily Review/Analysis posts. First is a 30-min Volume Profile chart, and the second is a Day Session Volume Profile chart. I'm just going to annotate the charts a bit and see if any patterns emerge. If nothing comes of it, I'll stop posting them.

ES 5-Minute Chart for 02/09/10

ES 30-Min Volume Profile Chart for 02/09/10

ES Day Session Volume Profile Chart for 02/09/10


  1. hey just wanna say you are doing a great job with all the info you provide to people out there that need a bit of guidance, your support & resistance level posts were great, y not continue posting them if you have the time

  2. Thanks! Taking a break from posting the Key Levels because I'm busy with mid-term exams this week. Key Level posts will resume next week.


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