Market at overbought levels just ahead of the employment numbers. Key resistance looms overhead which is setting up a great short opportunity.
1228-1229 represents key resistance on the ES. I will be looking for a short opportunity at this level. If this trade works in my favor, I will be looking for 20-30 points. Be careful defending any short entries in what is an extremely bullish market.
I will post my trade in the comments if/when I take it.
Friday, December 3, 2010
Subscribe to:
Posts (Atom)
