Morning Es Trading

Monday's Market Review

For all the hoopla surrounding Monday's weak opening, it was a relatively boring session. The bulls made an attempt to stabilize the Es contract back inside Friday's intraday range but were shut down shortly after 10:15 a.m. (No. 2 on the chart below). Two hours later, around 12:15 p.m., the bears found themselves in an equally tight spot as prices were sharply rejected from the low-1830s (No. 3 on the chart below). The bottom line is that we lacked the participation of a motivated participant for the entire session. No one was willing to take an aggressive stance....546 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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