Wednesday, July 20, 2016

Market Psychology Of A Strong Trend Morning On The E-Mini S&P500 Futures;

This morning we opened up on the ES with a strong bear candle looking for sellers to likely fill the gap down at 2158.00. This never achieved good continuation though before sellers lost interest and flipped the other way to go long.

We saw further confirmation of this giving up of the sellers right at the highs with a big burst breakout above the RTH high showing buyers still having a TON of interest for a strong trend continuation move!

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