HOW OUR DAY WENT:
We came into Tuesday looking for an
early rally towards the 1067.00-1067.50 resistance /
target for a short. The ES gapped to 1066.50 on the open,
just under the 1067.00-1067.50 resistance, and quickly
dropped 5 ES points to 1061.50. A bounce from there fizzled
at 1066 and dropped 4.50 points to 1061.50 updated support
before turning back up. After reaching 1069.50 the ES
dropped 5.50 points to the 60ema on 5 minute chart and
bounced. Members were given 1065.50 for new support and
the ES went to 1065.50 at 3:15 and bounced 3.25 points
to the 1068.75 before a choppy drop into the close.
CLICK HERE for FREE Trading Articles and Videos!
Good Trading,
Mike Reed
TradeStalker.com
Friday, September 25, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment