HOW OUR DAY WENT:
The ES gapped up over 12 points on
Monday's open and it rallied to 1111.50 in just 40
minutes of trading. That bigger picture double top was
reversed, and we were shorting the rest of the day as the
move was "trend-down" into the last 30 minutes of stock
trading. The last good short came when the ES reversed
from 1105.50, just 1 tick under the updated resistance
at 1105.75, then it dropped 4.25 points to a new low for
the day at 1101.25 with 30 minutes left.
Good Trading,
Mike Reed
TradeStalker.com
Monday, November 23, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment