HOW OUR DAY WENT:
We came into Friday looking for the
1144.00-1143.50 zone to be key. The ES opened below that
zone, bounced up to 1144.00, and then reversed and dropped
sharply. We locked in some profits at the 1133.00-1132.50
zone, which gave a small bounce, but it was trend-down to
the 1127.75 recent low. A bounce from 1127.50 reversed at
the 1130.75 updated resistance and pulled back 2 points to
1128.50 before the last hour rally.
Good Trading,
Mike Reed
TradeStalker.com
During the day our subscribers are updated frequently in our
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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)
Sunday, January 17, 2010
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