Today's Trading Recap: 09/09/09

HOW OUR DAY WENT:

The ES popped up to 1027.25 on the open
(which we were looking to short) then it dropped 4 points
to 1023.25 before reversing. The initial support was at
1023.00-1022.50, so the reversal set up a trade on the long
side. The group was given the 1035.50-1036.50 zone as the
next resistance zone and the ES reached 1036.25 and then
reversed. A drop of 9.25 points to 1027.00 followed.

Good Trading,

Mike Reed
TradeStalker.com