05/25/2012 Example Trade

There were two trade opportunies in the first hour after the cash open this morning.  The first was a pullback into DTG 20.75 level and yesterday’s 22.50 close.  The opportunity came after the 9:55am consumer sentiment news.  Today’s example trade however is from the DTG 16 level on the test of the pivot and overnight low area.  Price dropped into the pivot with good selling, but the pivot held strong setting up a potential for trapped traders.  The next rotation down, price could not even reach the previous swing low and

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