US report 21st November 2007 part 2
DOW and ES-minis:-Intra-day charts
US markets coming into yesterday's low early in the trading day.
With the today's Dynamic lows lower than yesterday, I expect slightly lower prices on Wednesday before any rotation back upwards towards the 5-day 50% levels, and hopefully further gains.....
Look to partial exits at the 5-day 50% levels and hold for further upmoves....
It's hard for any day-trader to be trading shorts around these lower levels today
Don't trade longs below the channel lows in either market on Wednesday.
Posted by
Frank Dilernia