Jul 122012

For the second day in a row, I have to squeeze the chart…  The ES dropped into the the DTG 21.50 level and provided several entry opportunities as price grinded in the level for about an hour.  The S2 pivot turned out to be the key area for holding the low of the day (so far).  It was a tough trade to sit through as price slowly grinded downward with the morning trend, but eventually the sellers failed to push price much beyond the S2 pivot and the buyers took the que to move price higher.

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