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Market bounced up again, but No trade !

5 min Emini Nasdaq 100

Hi,

How is it going lately? Price surged up during the opening bell.. However, there after candlesticks are characterised by shortbodies.. Although there is a buy signal from stochastics as it cuts up the signal line, But, you can see that there is strong resistance by the high formed by the opening bell... Hence...
No trade today...

Posted by Michael Taylor on August 20, 2009 5:51 PM |

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