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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (42061)12/9/2000 6:11:49 PM
From: SE  Read Replies (2) | Respond to of 44573
 
Almost all the stuff I got says Monday is bearish. I have found only one day that is a one way up day, the rest are one way down or one way down with a tail.

I am anticipating an early high, around 10:08. Then down to a mid day low about 12:55, a weak bounce for an hour or so, then down an hour or so. The last hour is up for grabs and could go either way or even flat.

In the alternative the early point could be a low point. If that is the case, I expect a bounce to 11:30ish then down.

So my plan is to sell a 10 am high point, if it is a high, or if that is the low, wait till 11:30ish and then look for the sell.

Whichever presents, it should be the best trade of the day.