Friday, July 10, 2009

Early Afternoon Review 07/10/09



The break of the overnight low was a fake breakout. A high probability trade is a long entry on the correction following a new pivot high.



Above is the link to the recording of the latest Alexander Webinar.
Charles

3 comments:

  1. my hunch with XOM and GS seems to work out so far this morning..... quote : a bullish story in a bear mkt.
    What I said on friday is true today more than ever after this strong morning reversal....
    most pain for most mkt. participants seems to be the upside

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  2. long ES from 875.25

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  3. If my analysis is correct than we should see a monster short squeeze over the next 3 days.
    But first lets see if we close the opening gap... I would assume not but we need a close above 885 today to have a valid chance towards a squeeze

    ReplyDelete