Friday, May 24, 2013

May 24, 2013 Market Action

Today the market opened up near the the 1638 support
area and made a small run to the 1642 support now resistance.
A failure there brought the market back down to break the
1638 area and it pushed down to the 1634.50 zone.
After moving sideways and holding that support zone
the market moved up to test the 1642.50 zone and
was able to break through making a run up to the 1646.25 area.
A pullback held the 1642.50 zone and the market made another run
at the highs and ending the day near the highs.

Nice trade opportunities today in trading with the
support and resistance zones. I can show you the setups and
how to find these zones and will find them for you until you
feel confident to come up with them on you own. Check out
the ebook and trading camp coming up. 

No comments: