HOW OUR DAY WENT:
The opening strength was a short from the
1129.75-1130.50 resistance and ES fell to 1125.00 and quickly
reversed. Then after the rally fizzled, a 1-2-3 top formed
after the 1131.75 lower high reversed, and then the downside
target/support at the 1126.50-1126.00 area was nailed. Out
of shorts, the rally was verified as 1129.50 broke/held and
and was good for a rally back to 1133.00 by the close.
Good Trading,
Mike Reed
TradeStalker.com
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Tuesday, January 05, 2010
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