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SP500 emini pre-open Tuesday 2nd June

Posted on June 2, 2009 Written by Chart Prophet

posted 9.18a.m. est

>>from pre-open Monday 1st June
I’m expecting a big surge in bullish sentiment if the January high is tested.  Price could well accelerate up into the 91day time count from low which comes in early next week.<<

Pre-open Tuesday 2nd June

The January high was tested on Monday. 

There’s usually some backing and filling following a day like Monday especially a.m. the next day.

ES spent most time printing 941 on Monday and that level may continue to be attractive. 

A rule I use is “never fade the last imbalance”.  The last imbalance was Buying (green). 

sp500-emini-pre-open-2nd-June
sp500-emini-pre-open-2nd-June

Filed Under: emini SP500 (ES)

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