The ES makes a new lower low of 991.00 traded on a rotational price tight-range day

By FulcrumTrader · September 3, 2009 · Filed in Daily Review

The S&P500 traded in a tight range on Wednesday which is not that out of the ordinary after such a big sell off day prior. The ES did make a lower low from the previous day down to the 991.00 level traded. The overall day was slow and the FED meeting minutes release did not really add any price reactivity, so the final portion of the cash session saw the ES fall off to near the days low….that day was a sleeper.

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