11/06/2008

DOW Rolls Over

We have taken a hard turn off the 34 EMA on the daily chart. Now do we retest the lows?

Daily DOW Futures Chart

Market ground down all day, it was a hard day to trade as the entries seemed to always be pushing through new daily lows. These tend to retrace just enough to hit stops and break evens. 62 winning tics / 58 losing tics today.

15 Minute YM Chart

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