It seems NQ tagged descending trend line just to break lows short after. However YM and other names showed a clear bullish behavior so we have to be extremely careful with short again. In fact i am playing longs ST wise, tomorrow probably.
Wednesday, April 28, 2010
watching nasdaq
This was our game plan for today (posted before opening at www.tradeforthegoal.com. )
It seems NQ tagged descending trend line just to break lows short after. However YM and other names showed a clear bullish behavior so we have to be extremely careful with short again. In fact i am playing longs ST wise, tomorrow probably.
Only if this red thick line is taken out i will believe again in shorts ST / IT wise
It seems NQ tagged descending trend line just to break lows short after. However YM and other names showed a clear bullish behavior so we have to be extremely careful with short again. In fact i am playing longs ST wise, tomorrow probably.
