Cannon Trading / E-Futures.com
I have a potential sell signal based on the Dow Jones Industrial cash index. In order for me to get more confidence in the short side, I would need to see the Dow Cash breaks below todays low which was 12353. If that happens I would look for 12100 but would also get out of the trade if market goes and makes fresh highs above todays highs.
“Plan your trade, trade your plan”
GOOD TRADING!
Daily E-Mini S&P 500 futures trading chart screenshot from today April 5th 2011
TRADING LEVELS!
Economic Reports Wednesday April 6, 2011
Crude Oil Inventories
10:30am USD
Economics Report Source: http://www.forexfactory.com/calendar.php
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!