Monday 14 May 2012

Update on ES & TF supply zones

In my previous post, I had identified a supply zone on the ES formed earlier this morning (08:00 BST). Price retraced back up and then fell over 10 points into the close.

This level was also on the TF and we had a 9 point drop into the close.  These S&D intraday zones identified by the RPM indicator can last all day.







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