Tuesday, May 26, 2009

Tomorrow

Here is a five minute chart of today's e-mini session. A reaction started from the top of today's range estimate (first blue rectangle). I think the market will find support near the 900 level which I estimate will be the low of tomorrow's day session range. I am looking for tomorrow's high near the 920 level.

I think that a rally into the 950-80 range began with the demand shock that hit the market during the first hour this morning.

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