Tuesday, May 10, 2016

Market Psychology Of A Breakout Morning Move On The E-Mini S&P 500 Futures; SchoolOfTrade.com

Today we see the E-Mini S&P 500 Futures opening up with a nice gap higher completely above all of yesterday's movement. This shows buyers have a LOT of control over this movement and will see this as a breakout attempt higher.

The breakout attempt was successful with buyers taking over the morning candles and shutting down all seller attempts and running the move right back up again to new highs!

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