Wednesday, March 28, 2012

ES Update

Like most of the market, ES is showing the same intraday positive divergence....



The SPY even gave a little tell.

See the little shakeout in the red box, that's pretty common on all timeframes, a small head fake before the move.

You might even consider using an Ultralong Market ETF to play the bounce, but I would not hold it through the close, I would close it out before 4 p.m.

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