HOW OUR DAY WENT:
The market gapped up and the ES reached
923.00 and stalled about 15 minutes into the
day, just under the 923.50-924.00 resistance, and then
reversed. Updated support was at 917.50 and the ES
reversed from 917.75 and bounced back to 922.75 and
stalled. Making double top at resistance set up a very
good reward/risk short. Members in the Instant message
room were guided on the entry, initial stop, and where
to lock in profits / trail a stop.
A GREAT way to end our week !
Good Trading,
Mike Reed
TradeStalker.com
This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG)
Friday, June 19, 2009
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