The DOW futures made a new intraday high but backed off when word came from overseas that terrorist attacks had killed at least 18 people. The market turned down only briefly after the news but has now fought back to trade near 10600. I've entered two new DAY orders:
SELL 10 DEC $5 DOW at 10597
SELL 10 DEC $5 DOW at 10607
If filled I will have made two intraday trades today having bought 20 contracts earlier in the day 10547 and 10537. Will the market continue to squeeze the shorts? Stay tuned!
Dale F. Doelling
Chief Market Technician
Trends In Commodities
UPDATE at 6:00 PM EST- Neither of the orders listed above were filled
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