Monday, April 12, 2010

Today's Trading Recap: 04/07/10

HOW OUR DAY WENT:

Odds were in favor of a decent pullback
on Wednesday. There was volatile two-sided action until the
ES reached the 1186.00-1186.50 initial support. I sent an
instant message telling members to buy some puts when the
ES was around 1185... the ES dropped 13 points to 1173.25
and members were given guidance all the way down. The down
trend reversed with an hour left in trading setting up yet
another good early trade in the morning.

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Good Trading,
Mike Reed
TradeStalker.com

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