April 24, 2013 - Market Action

As stated in last's night's update, my internal indicators were overbought and giving sell signals. So, I favored the short side today. The best opportunity was when the early rally stalled at the 1576.75-1577.50 resistance zone. Have a look at the chart below and see how nicely the market respected the levels from last nights update, provided to all real time members. Click chart to enlarge.