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.