I have noticed since october 10th when the market surges higher at the open, goes even at mid day, 9/10 times it will surge in the final hour. We're drifting higher. We could easily end the day up 300 points. This Gm bailout is great news.
Maybe, but the main reason the market sold off yesterday was regarding GM possibly going BK. now BK is averted.
I see a bracket 860-915 at 890 we are in the center of it. Very tough to call it here. For the ES March futures that is.
Trader, knowledge like that could transform you into an intra day trader, if you are not already one.