Sunday, November 08, 2009

Today's Trading Recap: 11/06/09

HOW OUR DAY WENT:

The Employment data gave an emotional
down open, and it reversed immediately and the ES rallied
to the 1067.75-1068.25 resistance zone in the first 40
minutes. The ES spent less than a minute over that
resistance then reversed. Members were told that the top
for the morning as in, and after it reversed the ES quickly
fell 11+ points to 1057.50. The ES rallied back to the
1067.75 level then dropping 6 points before reversing back
up from a 1061.50 pullback low.

Good Trading,
Mike Reed
TradeStalker.com

This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG)

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