July 16, 2013 Market Action

Today the market opened up and tagged the 1679.50
resistance area and quickly sold off. A break of the
1676.50 support area had us on alert for a move
down and a retest of the dynamic support at the moving
averages gave us the short entry we needed to ride
a nice move down to the 1672.50 area and then down to
the 1670 support. A bounce back up to the dynamic
resistance area at the moving average gave us another
opportunity for a short position down to the 1666.50
support area which turned out to be the low of the
day. The market double bottomed there ant ran up to the 1672.00 res
area where it sold off again to test near the 1666.50
area where is got some footing and moved back up
to the 1672.50 area.

Today the market gave us some nice moves to profit
from all from within the s/r areas and zones. These
are the days that make our month , if you are able
to trade around these levels and identify them
before the market opens and throughout the day.

July 15, 2013 Market Action

Today the market opened up at the 1675 resistance
area nad quickly ran up. That was rejected and the
market came down but did not stay under that level
for very long and on a retest was able to hold the
gains. The setup a decent long trade tot he 1678 area
resistance which held the market back for a while.
Then the market broke thru and it acted as support
for a small gain long trade. Eventually that
area broke down and acted as resistance again
at the end of the day.

The market was framed well with the s/r numbers from
last night, which is not surprising. The nightly
update can you give you a real edge but you need to
know how to trade around these levels. That is why
when you buy the ebook you get 2 free weeks of live
intraday updates and nightly updates with your purchase.

check out the book on the website.

July 11, 2013 Market Action

Big gap up today in the markets and mostly sideways
trading for the day until the afternoon when
the market broke out to the upside. Still if you see
the chart below you can see that we gapped up
above the last resistance level, which of course
turned into support. You can see how the market bounced
several times from there and was not able to stay
below it for very long. That is sign of strenght and
would have you looking to the long side. Later in
the day after the break out you can see the dynamic resistance
at 1667.00 was brokine with conviction and a retest
proved successfull for a bounce and a good place
to get long.

With my market timing techniques I can show you how
to get an edge in this market so that when you get in
you can expect the market to move in your direction
almost immedieately, and if it doesn't you cut your
losses to a minimum. I teach this and many other day
trading techniques in the courses. Check out he website
for more information.

July 9, 2013 Market Action

Today the market opened up near the 1644 resistance
area and immediately shot up to just under the 1647 res
area. A pullback to the 1642 res now support held
the market up for a few minutes before a dropp down
to the 1638 level. The market found its footing there
and took out the 1642 leve and then came back to
test it for a run up to the 1648 area of resistance.
The market then went sideways between the 1644 now
support and the 1648 area for the rest of the day.

The hold of the 1642 and then the 1644 areas provided
us with some good opportunities to get long and take
advantage of this move up into the 1648 area.
If you had the levels on your chart you can see
how the market breaks the resistance area and then will
test it as support. These key levels are where we
find the best opportunity to profit. You need the proper
entry and exit techniques to benefit and that is exactly
what I teach in my ebook and courses. Don't dely get
your copy and start understanding what trading is really
about.