HOW OUR DAY WENT:
The ES popped up to the 1132.50 on the
open (1132.50-1133.00 initial resistance) and quickly
dropped to 1129.75 (1130.00-1129.50 initial support) before
bouncing back. Per the 2nd intraday update, the rest of the
day was "a choppy day with new highs sold and the pullbacks
are bought. The 1135.50 high was 1 tick under important
resistance and the market backed off as expected.
Good Trading,
Mike Reed
TradeStalker.com
During the day our subscribers are updated frequently in our
Instant Messenger Room. Each evening the log is uploaded,
CLICK HERE to read the log.
This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG)
Wednesday, January 06, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment