Wednesday, April 1, 2009

838-846 potential reversal area


ESH4 updates:

mkt rally on better data signal stablization of the economy,we may once again run into a range mkt like we did in Dec08-Feb09 until further data shows the direction. So day trading may be best way to profit from this market.

ES may test 838 breakdown area this or next week and that's good place to short,stops shall be place beyong 870 on swing trade. For a DT, also a good point to place your short there.

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