Dec 032012
 

The ES opened right above the super-wide DTG 14.50 level.  The 10am EST ISM Mfg Index kicked off today’s downward trend.  However, after the initial selloff, the institutional buyers came in and defended the bottom of the DTG 14.50 level.  Price double bottomed and then triple bottomed, providing a couple long trade opportunities and today’s example trade.  

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