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Price gapped down and went all the way down, BUT -> NO TRADE TODAY. WHY?

5 min Emini Nasdaq 100

Hi,

How is it going lately? Market is finally going down which it should. I have said that it is impossible for the market to keep on going up in a straight line...

Price gapped down and continued on its downward trajectory without any signals from stochastics or short-term MACD. There was no chance for us to go short...

NO TRADE TODAY.

Posted by Michael Taylor on June 22, 2009 5:12 PM |

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