Clicky

E-mini Executors: Neutral,Slightly Bearish

Friday, April 9, 2010

Neutral,Slightly Bearish

There was little follow through to the downside yesterday. We made a new low from the prior day and then continued higher for the rest of the day. What else is new. Volume was pretty good on the rally so I expect this market to test the highs again. I am not bullish because of the way we trade when we break. High volume with a panic feel. No one wants to be the last person to get out of their longs. Resistance is 119325 and support is 116525.

No comments:

Post a Comment