Wednesday, July 26, 2006

Dummy day trading 26-Jul-2006 II: Mini Dow

'Crude futures rise after steeper-than-forecast decline in U.S. gasoline inventories' 'Oil prices rise after gasoline inventory shortfall.'
Are these news related to day trading? Well, it might be. At least , I am seeing intraday Dow futures starts to turn down and in fact broken uptrend line. Though I have yet to have complete setup for the day, I tend to look at Short side.

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