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E-mini Executors: Gap Lower

Monday, June 22, 2009

Gap Lower


The trade is now turning bearish to me. We have failed at the 20 and 10 m.a.'s, so I am looking for the market to trade down to the 200 day m.a. in the mini at 888.50. I also have a support area at 894.50 that might show some short term support. I am selling rallies as long as the market stays below 925.00. Use short term charts to trade right now. Selling m.a.'s above the market. Don't be afraid to press, now that they have failed at the 20 and 10 day m.a.'s.

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