You have probably already seen the charts showing the excellent guidance available for intraday trading at Trading da Numbas. (If not, see our recent publications here.)
But what does TdN offer for swing-traders?
Prior to the opening this week, we wrote that SPX needed to attract selling around 1,325 (and no higher than 1,327-1,329) for a bearish move to stay on plan. Moreover, we said “bears have no room for complacency here, and this week is going to be all about the prior low at 1,294.25 (ES).” We also pointed out two possible lower targets, to be considered after seeing how ES behaved at 1,294.25.
Price action since Monday morning has followed that scenario nicely, with SPX opening slightly below 1,325 and quickly moving to test 1,327. The market very soon showed weakness which persisted through the day.
Tuesday’s lower highs only reinforced the possibility of further moves downward. After a choppy Wednesday, the morning of Thursday promptly gave us the target – 1,294.25 on the March ES contract.
The attached chart shows several of the swing trades that were available in ES/SPX this week and provides highlights from moderators’ comments in real-time and in our daily bulletin. Are these the swing trades you have been missing?
Our special offer is still open – try TdN for three weeks for just $30. All proceeds go to benefit the family of Dominick Mazza, the masterful trader, analyst and teacher who got us started in this work and who passed away in 2008.
It was Dominick’s mission to help developing traders learn to be better traders. We try to keep that tradition alive at Trading da Numbas. If you would like to learn how to stay on the right side of the market and improve your skills at day trading or swing trading, then TdN has much to offer – especially the ability to come away at the end of each day with profits.
If you had joined us in our offer earlier this week, then these trades would have been yours! Come give TdN a try, and watch your trading improve.
Follow this link to our sign-up page and fill out the requested information. This offer is good until Sunday, March 13, 2011.
