Monday, July 13, 2009

End of Day Review 07/13/09



There were essentially no corrections to the downside in the afternoon session.



The Average True Range on a day following a day like today is on average about 60% of today's range. This reduction in range occurs about 86% of the time. This would give tomorrow's ATR a value of around 16.
Charles
Posted by at

2 comments:

  1. AnonymousJuly 14, 2009 at 6:11 AM

    Hello Charles,
    for today I think we have a good chance early on in the trading session to peek over 900 but I think that will be it.... I am a seller today of the sep 920c and prob. sell some july 910c.

    ReplyDelete
  2. AnonymousJuly 14, 2009 at 11:10 AM

    I am short some GS @ 151.00

    ReplyDelete

Subscribe to: Post Comments (Atom)