Friday, February 22, 2008

Day Summary

Another reversal today confusion and squeeeze goes on. Any trade has to be manage intraday because this chopiness is not allowing any swing entries. Right now the best place to be in Commodities as they are on absolute fire. UNG popped 4% today even though Oil didnt rally. We are reaching resistance on UNG but momentum tells me that we may just blow past it and beyond.

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