Sunday, April 22, 2007

Market Comment 04/20/07 - Intra-Day Update #2

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TradeStalker's
R.B.I. Trader's Update
04 / 20 / 2007
Intraday Update # 2
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Dateline: 11:44 eastern time, es7m= 1486 nq7m= 1856

The market is trying its best to hold around here. Day traders might want to take some profits. As for the swing trade, trail a stop at least. We shouldn't go over 1487.75 on a normal bounce. There should be some support around the 1484.50 level.

Good Trading,
Mike

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