Thursday, February 23, 2012

Post market for Thursday Feb 23

After watching the market selling off in premarket from a overnight run up..I looked to see how the 20 min and 30 min range looked.... When the L4 looked to be failing on the downward opening push....I looked to get long at L3.    Feeling it was going to be another sideways day...the failed down move at L4  gave a good signal to get long at L3... with target of  H3 and H4.    Each of which were hit.  Good for 6pts.  Long at 1354 with stop under L4 lows.... H4 target hit at 1360.

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