Tuesday, June 8, 2010

Trade of the Day: Reversal at Morning Range Lows


Significant rotations are highly likely most days within the first hour and a half of trade, it always pays to be on watch for them.

Also, not noted in the annotated chart, is that the morning session highs printed exactly at 9:00 pacific. "Nooner" programs as they are dubbed make this time one of the most likely reversal points during the trading day. And it happened once again today!

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