Tuesday, September 15, 2009

TradeStalker's RBI Update 09/10/09

HOW OUR DAY WENT:

The ES reversed from the 1029.50-
1030.00 zone just 7 minutes after the open and dropped
to the 1023.00-1022.50 support zone. Like Wednesday,
the ES had reactions at each of the resistance areas,
but also held support areas on the pullbacks. The last
resistance at 1039.75-1040.25 was tested before the
close, and the ES backed off. Forget the "indicator of
the month club" and begin with a method that actually works.

Good Trading,

Mike Reed
TradeStalker.com

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