No Change in Weekly or Monthly Trend. Market continues to Balance within a tight range. Wednesday delivered a balanced Inside Day with overlapping to higher Value. The market appears quite short. All eyes will be on the ADP Report Thursday and the ECB conference. I am going to treat Tue and Wed as a 2 day balance and observe where we open relative to the prominent POC - in or out of balance and to what degree?
TRADING E-MINI S&P FUTURES USING MARKET PROFILE. GET DAY TRADING STRATEGIES AND UPDATES PRIOR TO THE OPEN, AND KEY SHORT TERM MARKET OPPORTUNITIES. DISCLAIMER: Any materials and information you obtain at this website is exclusively for educational purposes. You further acknowledge that any trading or investment decisions you make are totally your own and it is further understood and agreed that the author Atul Malhotra is not liable for any damages or losses that you may incur.
Wednesday, September 5, 2012
S&P Futures Update for Sept 6, 2012
No Change in Weekly or Monthly Trend. Market continues to Balance within a tight range. Wednesday delivered a balanced Inside Day with overlapping to higher Value. The market appears quite short. All eyes will be on the ADP Report Thursday and the ECB conference. I am going to treat Tue and Wed as a 2 day balance and observe where we open relative to the prominent POC - in or out of balance and to what degree?
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