Dec 062012

Jobless Claims beat expectations, but the markets didn’t seen to care as it pushed down before the cash open to retest the Globex lows.  The ES spent the first hour in a 5 point range with no order flow trade opportunities before finally breaking higher to test the back edge of the wide DTG 6.75 level.  Price went nowhere for almost an hour before making another attempt at the high of the day and setting up the first order flow opportunity.

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