17/02/10



Half an hour before closing bell i entered long position on: 1) $add new higher highs and 2) bullish internals ($tick: 7t>+800 w/ 2t<-800 plus $add: +700 while SP500: +0.15% for a moment before entry). $add was indeed very nice forerunner of market upside continuation move. Still, as ES posted hh normal diver sell signal have appeared. Because of lack of volume in the market bulls couldn't struggle with divergence, so ES have pulled back to VWAP. After its test bulls attempts to push higher again seemed to fail so i have fixed. Soon mkt went higher on fundamentals: expectation and after closing bell actual confirmation of better then expected HP earnings results.

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ES (S&P 500 E-mini futures) trading
by Meques Moscow Finacial