Tuesday, September 27, 2016

Market Psychology On The E-Mini S&P 500 Futures Trend Morning; SchoolOfTrade.com



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We open up today with a moderate gap down and a very fast snap lower before sellers appear to give up completely. Buyers swarm the market back up and push very aggressively and even trap sellers attempting to fade the gap fill.

This trap sparked an even larger run higher to finish up a major upside push with buyers dominating the market up and trapping all of the sellers out. This move up will likely have a second leg to it back to highs as well as more and more buyers chase the move up.

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