Wednesday, July 29, 2009

Trading Day Wednesday, July 29th


Hi Traders, Well we got a little different of a picture today than the last 2 days unfortunately we are still running over the same ground. Just about moving sideways for the last 3 days. We opened the day with a gap down at 969.50 a full 7 points lower than yesterdays close. Moved a bit lower for 10 minutes then turned around and got to the days high at 975.00. With all the sideways movement it put in a few lower highs and then made a bouble bottom near the low at 965.25. The last hour of the day just kept moving up to break the down trend and closed at 972.25. About 10 points in the range today. Have a great day and keep up the good trading.
LauraQ



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