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Dummy day trading 28-Jul-2006

by Gav Leave a Comment

Good morning!
Bulls made a cheat yesterday on Dow futures. It headed up in the opening, and pressed by bears. I did not make any trade yesterday.
A quick one. SIMSCI is moving above intrady moving average. Though I see some weakness in the uptrend, it is not strong enough for me to go Short.
TIMSCI is still moving in intraday uptrend as well. I am not considering any SHORT for this morning.

By the way, I am looking at August contract for both index futures.

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