April 17 Market Action

Today the market gaped down gapped down and made its way to the 1553.50 support zone and made a little bounce. The market finally broke thru that level and bounced from the 1549 area the next support area where a small bounce was made but was expected to fail given the break of the support area above. I then gave the 1538 level as the next resistance on the intra day updates message to all our real time subscribers. The market proceeded to bounce from there and made its way up to the old support now resistance area at 1549 which was a lid for the rest of the day. Having these levels available to you before the market opens will really give you the edge you need to navigate through the day. Coupled with the setups found in the Reed The Greed E-book, you have a powerful method for profiting in any market condition. Check out the site at wwww.tradestalker.com