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Monday, July 27, 2009

Trading Day Monday, July 27th


Hello Friends, Today was a pretty slow and steady move up day. We opened at 975.50 and sat in a small range until the New Home Sales numbers came out which sent the market to its high at 979.75 in about 5 minutes. Less than an hour later, we were down to our lows at 969.00. From there the market got into a nice little up trend and away were went to close near the high at 979.25. Here is the chart. Have a great trading day and always use stops.
Laura

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