ES 4-27-2011

Here is a 30-min chart with the developing profile for the week. On the lower pane I have a relative volume study giving feedback for the past 200 trading days. Quite interesting the rally over the last week has come on some seriously weak volume in relative terms to the last 200 days of trading.

Notice the one bar from todays session which is about 130% above normal 200 day volume, that came on the high reversal bar for the day...

while TICK below 600 - weird

Levels for tomorrow.

Last chart for today...lol