Mar 252010
 

Not much to say here today. Check out the charts and run playback if you have it. The pre-market tests of the highs ahead of the open provided for a double top failure opportunity as expected. We still felt that the optimists were over cooked and the market had no incentive to break any higher than 74 and at the absolute most 75.75. We watched order flow carefully and got a full short fill on strong volume at 71.75 and as we identified pre-market we traded directly into the overnight VPOC at 69.75. Nice 2 point morning and we are most likely done for the day. Uncle Ben speaking now so maybe he will stir up the hornets nest for later. UPDATE: Shorted the move to 75.75 for another 2 points later and finally a trend trade into the overnight low…

 Posted by at 10:06 am

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