Inventory Grab Alert 4/30/09!

RIGHT!!!

Check out my chart I added to the last post.

 

WOW.....that was a fast 10 points. :eek:

Back down to the 888's low of AH session test, ON THE WAY back to the 880's-877's zone of resting inventory! wink-wink

 

OK......I decided to cover another portion of my 912.25/913.25 short entries here at 887.25 on the 888's retest.

Next targets now moved down to the 867.25 level.

 

Loud and Clear...HAHA

great trading AMT....Ridiculous!

Lets get the ball rolling in the other direction...WINK WINK

 

The "stops" zone was just run on that 888.50's test. A "stops" zone is typically the 2 point zone just below the lowest price previously traded (in this case we had 888.50 as the low of the AH session with the "stops" zone down to a minimum of 886.50). The "stops" zone is the same for a most recent high retest also.....no difference.

 

If the delta zone in the 880's to 876.75 area busts out she is going to get some legs. :eek:

 

OK.....scalp LONG here off 887.25 for a separate intraday scalp trade.

 

1/2 out at 889.75....next target at 891.25 for 1/4 of position

 

There we go.....891.25's filled.....last 1/4 of position will ride.

http://www.charthub.com/images/2009/05/28/ES_2.png

 

OK.....last two contracts out at 891.25.......decent hit.