THE day after the "long opportunity" post did well, very well with a range run and long BOT break out that ran to +5, +10, and +15 over the day.
Aggressive longs entered on the 50CB of B5 (entered in B6). The LB at 1300.25 was an auto entry and was followed by longs at the B11 (entered in B12) first pull back after the LBBO.
Institutional buyers were seeing a long opportunity coming into the US open. The post over the weekend outlined reasons a bullish leg had an opportunity to develop.
IS ES WEEKLY SETTING UP FOR ANOTHER BULL LEG? 5/19/12
Today, the answer was yes...
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