Wednesday, April 21, 2010

Mirror Image

Yesterday's intraday chart and today's chart is basically a mirror image.  The high and lows of the 2 day chart intraday is 1207.5 and 1195.  Even though I missed a good opportunity on the short side today, I am not displeased.  In this type of momentum bull market,  I only want to take the most favorable short setups so I will miss a few good moves here and there.  I expect a small gap up tomorrow.

1 comment:

The Hook said...

Disagree. Options mkt setup identical to Sept and Oct mini correction initiation.