Wednesday, March 24, 2010

Wed. 03/24/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures
Last night's post called for a consolidation day with narrower range (8-10 points), which played out well today. The day session range was 7.75 points, and the 24-hour session range was 9 points. I was anticipating Responsive Buying at 1161, and that turned out to be the low tick of the day. We're continuing to build acceptance (volume) in the 1163.50-1164 area. I expect selling pressure below 1164, and buying pressure above it.

ES 5-Minute Chart

ES Day Session Volume Profile Chart


  1. E-mini,
    Almost everyone can do the homework, yet the way you interpret the numbers make it extremely valuable.
    Thank you again for sharing your hard work.

  2. Hi Ruth,

    Thanks for the comment, I'm glad you find my work useful.

    Best trading!


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