July 2, '04. Pre-holiday Friday. Trade early, play golf...


And that might be good advice for any Friday, which tends to be less volatile in the afternoons than most. Trade early, break for the remainder of the day. And as if to accommodate our afternoon vacation plans today, the ES contract exhibited a bullish SPeed Divergence signal early in the session after taking out the Overnight Low. The long trade was good for 4 pts in the ES contract and about 40 in the mini Dow (YM). Look for the rules for a Pattern-to-Numbers setup in the manual Pivots, Patterns and Self Recognition. Then enjoy your afternoon, and all the best to you on our great country's 4th of July!!(click image to enlarge)