Monday, November 19, 2007

E-mini early afternoon update

The market only managed a rally to 1445 after I was stopped out of my long position. This doesn't show much support so I think we will bounce briefly from 1430 but that a much more important and lasting low will develop near 1420.

2 comments:

Anonymous said...

STOPS are your friend!!!

Anonymous said...

ANYONE LOOK AT THE 5 DAY TRIN SUM OR THE 10 DAY MOVING AVE ON HE TRIN OR THE FACT THAT THE 10 DAY AVD DEC LINE TURN UP TODAY ?