5/9/2010
Even though the market took a huge dive on Thursday the low that was put in place has support on it. So we still have the 1225-1238 Zone and that zone on the ES is still valid until we break the 1056.00 low and even if we break that over time we still could hit it but odds would be less at that point.
Our outlook is very choppy and emotional for the next week. If you are day trading pick and choose your trades wisely because although you can make big money with the market being very emotional you can also lose big money very fast.
It is always best trade the methods and the signals and follow the chart, NOT your gut!
Happy Trading,
www.eMiniSchool.com
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