Wednesday, July 23, 2008

July 23 daily after hours SP 500 emini


Looks like we testd up again today. Volume kept us up there. Looking for 1305 for major resistance and 1320 on a large volume spike. If oil keeps going down this will be an excellent opportunity to put in a longer term swing trade.
On the down side look for a reversal back to the lower tl, and dependant on what type of Gap we have open we could see it turn tomorrow afternoon.

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