HOW OUR DAY WENT:
The initial support area on the ES at
1103.50-1102.50 gave us 2 quick trades on the long side
this morning. There was a bounce from 1102.50 to 1107.50,
and then a bounce from 1103.00 to 1106.75 occurred before
the ES washed out to 1100.25. Then the ES bounced and
reversed from 1104.00 updated resistance then dropped to
the 1100.00 early low. After the market rallied back
members were told to watch 1108.00-1108.50 for a turn,
and the ES reversed from 1108.25 and dropped to 1104.00
before firming and bouncing back.
Good Trading,
Mike Reed
TradeStalker.com
Thursday, November 19, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment