Wednesday, July 8, 2009

ERX/TNA- Great Day Trade Set Up Today

What a day in the market today! ERX had a great day trade setup as USO bounced off the 200 Day SMA.



Same with TNA as IWM held $47 support area.


4 comments:

Ben said...

Now you tell me... I could have gotten out of ERY at the top today and I had 3 chances at it! :)

Stewie said...

looks great. this is the kind of trade i do a lot.

NYC Trader said...

Ben- You will get your chance.It was just a day trade setup for a small bounce.We shall see what happens tomorrow.:)

NYC Trader said...

Stewie- Thanks Bro.I learned a lot from your blog!