Today's Trading Recap: 10/02/09

HOW OUR DAY WENT:

After the gap down open, the ES went
into a trading range. Then when 1022 was broken thru, we
got a pullback to 1022.25 to get long and the ES rallied
to the 1026.25 level then reversed. After pulling back to
1018.75, members were given the 1024.50-1025.50 area for
good resistance. It set up a good short, then a double top
was made at 1026.00 on the ES. Members were told to short
under 1026.25 and after 4 more attempts the ES dropped
from 1025.50 to 1019.00 by the close.

Good Trading,
Mike Reed
TradeStalker.com