Monday, April 6, 2009

April 6, 2009 Monday Trade 5 Long 2 Contracts

Lunchtime trade, but noticed longs taking control on the bid/ask volume indicator with a higher low being formed on a basing formation. Also, previously it was shown the weekly pivot point 820.17 was a very good support area. VWAP slope also flattening, figured we were due for a turn.

Trade 5 (Long 2 Contracts +1.75 +3 points):
Trade 5 Screenshot