HOW OUR DAY WENT:
We had a higher open over the initial resistance but the move up stalled/ reversed 23minutes into the trading day and the ES dropped 4 points. A bounce then reached 1171.00, right at the 1170.75-1171.50 **key** resistance, and it was rejected and the ES dropped 4.25 points to 1166.75 before turning very choppy. Not bad for
a day with just a 5.75 point range.
Good Trading,
Mike Reed
TradeStalker.com
Wednesday, March 31, 2010
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