November 7, 2012

E-Mini S&P Futures Anchor Chart:

We can see
the major bullish price-channel along with the outside day below the PLOD and
the bullish price-wedge.  We have double-top
support at 1387.0 we will look to buy.
Our day
trading strategy for the E-Mini S&P is to sit-on-hands until we get to the
lows of the range, and then buy-the-lows at support.

    schooloftrade

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