« Double bottom, stocastics up and rebound from moving averages -> $1080 profits | Main | Gapped down, stochastics down, bounced from moving averages -> short -> $180 profits »

Price jumped on ease on GM fears in a narrow range there after

Hi,

Price reached new highs since Mar and we are seeing a new surge in up trend... Will this continue? I don't know...
but it seems too fast for another 3 months uptrend with a meaningful correction...

Price gapped up during the opening bell and remained in a tight range there after it is very difficult for us tor trade in this environment.

No trade today.

Posted by Michael Taylor on June 1, 2009 5:47 PM |

TrackBack

TrackBack URL for this entry:
http://www.daytradeemini.com/cgi-bin/blog/mt-tb.cgi/519

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)