Tuesday 12-18-07
I'm not able to watch the market much this week but I have a long working from 1460.25...which is not the best trade location...I'm trying to get 15 points on this but am concerned about the 1467 area...
The real point of this is that they tested the key number above the 1450 at 1455 and they traded it down to S1 on the weekly so far at 1458.....the weekly pivot is up in the 1495 area so that is what I feel will have a Magnetic pull if this thing can get going up...we also have gaps which may help..
It seemed like today was a tricky day to trade and glad I wasn't in the market. Hope all did well
Bruce
The real point of this is that they tested the key number above the 1450 at 1455 and they traded it down to S1 on the weekly so far at 1458.....the weekly pivot is up in the 1495 area so that is what I feel will have a Magnetic pull if this thing can get going up...we also have gaps which may help..
It seemed like today was a tricky day to trade and glad I wasn't in the market. Hope all did well
Bruce
...very nice trading today Bruce !
I agree - excellent trading Bruce!
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