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Flat moving averages, Gap up but did not close.

5 min Emini Nasdaq 100

Hi,

How is it going lately? We are seeing a period of short bodied candlesticks again... Moving averages are flat and Bollinger Bands are narrow...

Do you think this is a good trading environment? I wouldn't risk it...Don't be fooled by the signals from the stochastics. No Trade today.

Posted by Michael Taylor on June 19, 2009 5:35 PM |

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