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Market bounced up again, but, NO TRADE TODAY

5 min Emini Nasdaq 100

Hi,

Price gapped up and continued on it's upward trajectory, but signals from stochastics and short-term MACD are not enough for me to enter the market.
Candlestick bodies are short and price remained tightly ranged... No trade today.

Posted by Michael Taylor on June 24, 2009 5:49 PM |

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