Mar 27 2008

Today’s Trading Look-Back - March 27, 2008

Published by John at 5:24 pm under Trading After-Action

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Today’s action present several challenges. First of all, it opened above yesterday’s point of control, then dropped down to it, which is normally a decent buy entry. It didn’t work out this time. Then is broke down without providing any strong entry points for a short. S&P 500 Futures Price Distribution Chart for March 27, 2008

As the day progressed, though, a distribution became apparent with extremes in C and G periods, which offered opportunities to do fade trades.

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