Finally….the 1017.75 to 1016.00 breakout zone I have been tracking was tested Thursday

By FulcrumTrader · August 27, 2009 · Filed in Daily Review

In the early morning just before the US cash session open, the sellers took control of the order flow to start a price run to the 1017.75 to 1016.00 breakout zone. Price traded through the breakout zone for some minimal range extension to a low in the ES of 1014.75. Now that price had tested near term support, it was all strong program trading into the close fueled by very active equities BUY programs.

Video 1



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