HOW OUR DAY WENT: The ES rallied to the 1003.50-
1004.00 resistance after the reversal at the open. The
ES barely poked over that zone, then gave us a 4 point
pullback. Then members were told that the 1004.25
level was in important level to get thru. Giving
that a 1 tick leeway, the ES rejected that level
3 times. In the last hour the ES cut through that
lid and moved up to 1007.75. They broke our target for
a reversal by 3/4 of a point, then reversed and fell
into the close.
Good Trading,
Mike Reed
TradeStalker.com
Tuesday, August 25, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment