Today's Trading Recap: 12/21/09

HOW OUR DAY WENT:

The market gapped up and kept going
until reaching the 1111.50-1112.00 resistance zone on
the ES. The 1112.00 level was rejected and the ES pulled
back to 1109.00 updated support before heading back up. The
bounce failed at 1113.25, and after the break the 1111.25
level was new resistance. A bounce from the 1109.00 support
was reversed at 1111.50 and it started a drop to 1107.50
and a poor close.

Good Trading,
Mike Reed
TradeStalker.com

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This publication's primary focus is trading the index
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trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
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