Here is a five minute bar chart of today's e-mini day session. I am revising my range estimate to 902-922 for today. The market has spent most of the day trading above the 1067-739 midpoint which stands at 903 (red dashed line). This means that no reaction of more than 20 points is likely until the market gets close to the next important midpoint near 952.
Wednesday, May 06, 2009
Revised range estimate
Here is a five minute bar chart of today's e-mini day session. I am revising my range estimate to 902-922 for today. The market has spent most of the day trading above the 1067-739 midpoint which stands at 903 (red dashed line). This means that no reaction of more than 20 points is likely until the market gets close to the next important midpoint near 952.
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1 comment:
Objective, timely, persistent and spoken with authority.
Positive Karma points for you Carl.....just excellent work.
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