ES had a continuation high move yesterday with a strong gap up at the open; it held up for a higher close. The price action was bullish, but once again the volume was lower on an up day.
The PMO indicator still shows a short-term buying signal, and there is a potential double bottom on the daily chart with the neckline is lying at 1940-46, slightly above the 50-day moving average line.
Content for upper-level members