Intraday Update – Timing Approaching 2106 ES is KEY

Today was NOT choppy as market structure conflicts were indicating...This was cleared up at the open with the GAP TOOLS probabilities favoring high odds of a breakout and low of a gap fill and also with Stop-Run and Buy Extreme breakouts on the open...does not get much more powerful than that....rough day for the Bears.

June 10th, 2015 Intraday Market Structure Projections Update

June 10th, 2015 Intraday Market Structure Projections Update

Note, also that Accumulation Index (not shown) has been making new highs all day suggesting that more highs could be possible - in that case; the next situation becomes very critical. At 11:17 AM an X-Tick Buy Extreme (also not shown) occurred at 2,106.75 on ES futures that was in the top 6% of all buying events in the last 15+ years...this is normally bearish HOWEVER, a breakout OVER this level could be a sign that something big is coming as follow on highs would be expected with a break of such a huge exhaustion and eMotional energy expenditure.

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