Monday, March 30, 2009

ES Monday Morning


The low volume point 785.50 is acting as support. Volume is building in the high 780's on the bounce off the low. There are indications that the Market's pivot point is the high volume at 794.00.
Support below this is at 755.50. If the market moves to the 783 area, sell a low volume rally at 785.50. Support becomes resistance.

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