Thursday, September 17, 2009

17th Thursday Down, Side, Up, Down




High of the Day: R1
Morning Reversal at: Prior Day Close at 4.56 am
US Market Open Move ended at:R1 at 10.00 am
Low of the Day: PP
Close of the Day: Prior Day Close

Loss 10 Points Elliot Wave
Profit 90 Points eASCTrend & ART Trading System

This Up Movement stalled minutes after the 3 am Cash Market Open, then as usually the price came back to todays open so people can buy cheap, the buying happened however the little rally ended soon at 4 am on the base of last swing high. Same bounce happened on 5.55 am so looking for the 5722 target now. If this works i found a good way to trade sideways markets always targeting levels that have not been tested before.

Tradelist

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