Commodity traders emini day trading are witnessing an explosive move in the Mini Dow today.
You can see by looking at the 5 minute chart of the September 2010 Emini Dow Futures contract (see chart below) that the bulls continue to push this market higher and are testing a very thin level of volume resistance (blue rectangle).
Beyond this level of technical resistance, the bulls have clear sailing until about 10,400. The question for emini traders going into the close is can they (bulls) keep the technical momentum, or will we see some profit taking?
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