Clicky

E-mini Executors: Slightly Bearish

Monday, October 12, 2009

Slightly Bearish


As I expected, the Market made new highs for the year. I am looking to be a little short up here because I have resistance at 1075.50. I am only risking a couple bucks above this area. This market has still not showed any signs of this rally slowing down. I am only get short at my resistance levels risking minimal dollars. If we hold this area look for the market to trade down to 1070.00. My next support is 1055.00. Sell rallies with tight stops unless we trade above 1077.50.

No comments:

Post a Comment