GLOBEX 10-21-08

Just got short from 943.75. looking for 933-936

ill cover both here.

out at 939.00. plus 4.75 on both. up 9.50 on the session....watching for 936 or so

order to buy 933.25

whats ur target kool

long 2 @933.25...will exit 937.00, just scalping here.

worse case is a cotinued decline to 931 sq of 9 , so my stop is under that.

got stoped out 929.75

stopped at 930.50...loss of 2.75 twice,now up 4 on the session and watching

I believe we will see the 888-889 area today.

that will break the triangle to the downside...

quote:

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Originally posted by CharterJoe

If we open here were going to gap below this weeks range (IB also) Watch out for the IB breakout today below last weeks VAL.

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Beautiful set-up that I wanted to share with ya'll that happens often..... Mon and Tues a.k.a. weekly IB was nice and tight, we got a gap below the weekly IB and then B penetrates last weeks VAL todays IB breakout worked very well because it already broke critical support 30 points followed.