Recap: Another trend day, this time down. Most of the move was pre-market and during the IB period. Major pivot numbers noted on the site were big payoffs if one had the stamina and patience. Kiss off the 1126 area was almost to the tick. Turned out to be the daily low with a close 7 ES points higher. Take our +6.5 from 3 trades into Thursdays action. Markets trading well so far this week.
Trades for today: (points per contract)
9:53am Short 1137.00 +1.00
10:51am Short 1130.25 +1.75
11:08am Long 1127.25 +1.50
02:22pm Long 1130.00 +1.50
GS earnings report tomorrow morning. Will step aside accordingly
Wednesday, January 20, 2010
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