Today's Trading Recap: 12/09/09

HOW OUR DAY WENT:

The early game-plan worked perfectly to
start Wednesday. Last night members were told:

"On Wednesday look for a shorting opportunity if there is
early strength and the move reverses from near the initial
resistance areas."

The ES popped to the 1092.50-1093.00 initial resistance
and reversed about 3 minutes in to the trading day. From
1092.75, the ES fell 7.75 points to 1085.00 in the first
20 minutes. That was a good start for the day, and after
locking in profits we had a couple more good shorting
opportunities before the afternoon breakout over 1090.50-
1091.50 zone. That move reached the 1097.00-1097.50 next
resistance and backed off before the close.

Good Trading,
Mike Reed
TradeStalker.com