This is a sample entry from George Skirha’s daily newsletter, The Skirha Trading Program, published on October 16, 2012.
The esz2 today opening into resistance at 1443-1445.5. I am getting a “gap and go” signal but into short term filters which should put pressure on the Bulls initially and push the mkt back down towards 1437.75 before catching a bid to move towards 1448.5 and possibly into the 1456.5 area. I am a buyer of esz2 at 1437.5.
Opens below 1442.5 may sell off immediately with 1443 as a selling point for the trip down.
The overall trend today is UP.
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