Thursday, May 23, 2013

May 23, 2013 Market Action

Today the market opened up at the bottom suupport
zone and after just poking underneath a run up to
support zone number 2 which was now resistance held
the market back and a hold above the 1638.50 provided
a nice long opportunity for a break out to the 1652.00
area. The market found some footing near the 1644 area
and bounced back up to test the high of the day but
was rejected and we headed slightly off the high
for the remainder of the session.

Many Support and Resistance levels in paly today.
Learn how to trade around these areas and profit
in this great volatility we have been seeing these
past few days. Check out the ebook and DVD courses
for some great training on trading this market.


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