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7/17/2007

EMD-2007-07-17-TRADING-PLAN

Filed under: - torero @ 6:46 am

Back with a change in trading instrument. Due to the change in the exchanges on the ER2 in September, volume may or may not be affected. In any case, we’ll leave it until it settles down. In the meantime, S&P 400 MidCap emini is the next best substitute due to its similar behavior, volatility, and tick and price size.

Inverted Head and Shoulder breakout in play, confirmed overnight with a pullback to become support at neckline. Buy here with target at 965.

S&P 400 MidCap emini futures trading plan


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