Tuesday, April 10, 2007

Market Comment 04/10/07 - Intra-Day Update

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TradeStalker's
R.B.I. Trader's Update
04 / 10 / 2007
Intraday Update
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Dateline: 11:51 eastern time, es7m= 1454.5 nq7m= 1825

We had the opening reversal from the 1453.25-1452.25 area on the ES, but they were rejected again at the 1458.00-1458.50 area. Another test of the 1452.00 level would need to be quickly reversed, otherwise there could be a fairly sharp break.

Good Trading,
Mike

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