Noon update:
Another failed rally. Book it when you can, it seems. ES needs to hold 1437.50. This might be a head fake to the downside, so be careful if shorting this. The path of maximum frustration could be to end up with a rally that holds. The key for bulls will be for ES to end up with a higher low today. NQ already did that yesterday.
I'll be out for the rest of the day, be safe and always use stops.
Another failed rally. Book it when you can, it seems. ES needs to hold 1437.50. This might be a head fake to the downside, so be careful if shorting this. The path of maximum frustration could be to end up with a rally that holds. The key for bulls will be for ES to end up with a higher low today. NQ already did that yesterday.
I'll be out for the rest of the day, be safe and always use stops.
This entry was posted
on Tuesday, November 20, 2007 at 11/20/2007 12:44:00 PM.
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