May 6, 2013 Market Action

Today the market opened up right at the 1612 resistance area and quickly came down. It didn't quite make it to the 1608 area and ran back up to break through the 1612 resistance. A higher low followed which propelled the market to new highs for the day and then holding above the 1612 area. That was the clue we were going higher still and it setup a nice long opportunity for at least 2-3 points. Support and Resistance trading has worked in the past and will continue to work in the future. It is how I trade and I can show you how. Pick up a copy of the ebook and get two weeks free to the support and resistance numbers so you can trade like a pro as well.