Friday, December 04, 2009

Today's Trading Recap: 11/30/09

HOW OUR DAY WENT:

Last night our group was told:

"On Monday look for early strength that fails under the
initial resistance to set up a shorting opportunity."

The first bounce stalled out 1 point from the 1097.50
resistance about an hour into trading, then when 1092.50
broke the move went trend-down to a 1085.00 double bottom.
The intraday updates gave guidance the rest of the day.

Good Trading,
Mike Reed
TradeStalker.com

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