Trading the S&P – ok, focus back today!
Ok all, I was determined today not to lose focus today and my first trade was a long at 149400. I made this trade as there was a previous bottom around this level which was hit 4 times over the past couple of weeks.... if you look at the daily chart you can see this. As the market moved above these levels I thought it would go up, I was conscious that it had been a strong down day so far and a countertrend could fail at any moment. I targetted 149800 initially but as the market started loo