End of day review 3-9-11 Wednesday

Busy with work today. took two losers and then work stuff.

Pre Market analysis 3-9-11 Wednesday

New: No news out today

Daily chart notes: Market still in this balance area with acceptance at 1317 area.

Mp Notes: ES closed in value yesterday and globex stayed in that value area over night as expected. We formed a p pattern telling us the market wants to trade higher so i will monitor for follow through.

Trade plan: Es globex stayed between 1318 vpoc and 1325 Tuesday highs with acceptance at 1320.75 just below Tuesdays area of acceptance. I want to see ES stay above the big vpoc at 1318. If we break below that that could open the doors for a test of the 1310 area then 1303 area below that. Above that we have resistance at 1325-1327 area and strong resistance at 1334-1336 area where i expect buying to shut off. With no news out today I'm expecting a balanced session to play out and looking for selling opps at resistance areas and buying opps at support areas.