HOW OUR DAY WENT: The early game-plan was to sell early
strength (didn't get that) then look for a trade on the
long side, stating if-
"...the market falls back to test the Wednesday
afternoon lows, a reversal will set up a buying
opportunity."
They paused at resistance, but the dip held over updated
support and the trend up continued. After reversing from
917.75 members were on alert for more weakness if 913 was
broken and the ES went to 910.50 and chopped higher to
the 915.50 updated resistance then dropped 6 points to
909.50 before bouncing back.
Good Trading,
Mike Reed
TradeStalker.com
Sunday, July 05, 2009
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