Jun 272012
This was the second day in a row that the ES bounced between levels all day long providing several trade opportunties in both directions. The clearest order flow opportunity came on the test of the 26.50 / 27 area at the high of the day during the lunch hour. This was a key area that had a good chance of holding the high of the day. I posted this several times in chat. The institutions and algos battled it out for nearly an hour in this area before finally began a slow motion break out to the downside.
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