Friday, March 20, 2009

March 20, 2009 Friday Trade 1 Short 2 Contracts for Gap Fill

Saw double layer resistance being rejected in premarket (weekly R1 pivot and the daily pivot). Well actually it was like a point away but I saw a good enough confirmation (double top) on my 233 tick chart and shorted with a reasonable stop looking for the gap fill level (yesterday's close) as the ultimate target.

Trade 1 Short 2 Contracts (+1.75, +3.25 points):
Trade 1 Screenshot