ES trades to 904.00 level in the after hour session

By · July 14, 2009 · Filed in Uncategorized

The market remained strong during the AH session trading up to a high in the ES of 904.00. I had two SHORT trade set-ups in last nights session and I had a good SHORT trade entry just after the cash session open today. I will watch for any retest of the 904 level for Delta Divergence SHORT opportunities, and for the downside I am tracking the 893′s and then the 888′s for potential short term support. Trade through the 888′s with the Delta Threshold for that price level taken out could bring in some accelerated selling, this support level is critical for the bulls to maintain their new momentum.

Video 1

The day ends strong with a close near the highs of the day, as the overall Delta Volume distribution is looking very bullish in my opinion.

Video 2

Video 3



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