Nickajack Creek Trading Co., Inc.

Support and Resistance Day Trading

December 17th, 2007

12/18/07 Daily Support and Resistance

Here are the daily support and resistance for the YM, ES, and 6E (Euro futures):

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December 17th, 2007

12/17/07 Daily Support and Resistance

Ooops, I just noticed that these support and resistance numbers were sitting in my ‘Drafts’ folder and not published last night.  Sorry about that. 

Here are the daily support and resistance for the YM, ES, and 6E (Euro futures):

Read the rest of this entry »

December 17th, 2007

12/17/07 YM Trades

Only one daily SR came into play today.  There was one potential trade setup around 12pm EST, but price would have needed to break the low of the day for an entry.  Price bounced off the LOD and moved higher again.  The day did however present three divergence trades.  Since there were no good SR targets, the trades would have needed to be managed in another fashion (such as targeting previous swing extremes and tightening your stop as price approaches them).

 12/17/08 YM Trades

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