Wednesday, March 17, 2010

Wed. 03/17/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
Strong up trend most of the day with a late afternoon pullback which was quickly bought up into the close. Market internals were strengthening all day, and resumed an upward slope into the close. The only signs of caution were TF, NQ and EMD closing below VPOC and Mid-Point. ES closed below the day session mid-point and IB High, and right at the VPOC. The market is still Bullish, but these signs are indicative of waning momentum.

ES 5-Minute Chart

ES 30-Min Volume Profile Chart

ES Day Session Volume Profile Chart

No comments:

Post a Comment

At the minimum, please provide your name or Twitter handle when posting comments. Do not post as Anonymous. Comments that contain links to commercial websites will be marked as spam.