Apr 23 2008

Today’s Trading Look-Back – April 23, 2008

Published by at 5:29 pm under Trading After-Action

Today provide a couple of decent trade entry points. The first was early in the day when the market ran through the point of control from Monday at 1386. The second was when the market reache down to yesterday’s point of control at 1375.

S&P 500 Futures Price Distribution Chart - April 23, 2008

I didn’t get in on the short trade because I wasn’t seeing the market losing strength as I normally like to see (and I think I was on an earnings conference call for my job). I did, however, get in on the drop down later in the day and grab a couple of points on the bounce.

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