Expectations On Thu May 24, 2012

May 24, 2012 8:25 AM ETSPY
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Short-Term Horizon, ETF investing, Currencies

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Lawrence Chan is a trader and researcher of financial technologies with over 25 years experience. His work on market breadth analysis, advanced trading techniques of stock market indices, and forex trading has been incorporated into the trading platform NeoTicker. His work is frequently published in a range of prestigious trading journals and on a number of major financial websites. He has mentored hundreds of professional traders throughout his career and is always available to discuss the intricacies of his approach with new and aspiring traders. You can find his eBooks, latest research and market commentaries at: DayTradingBias.com *** Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Please read full disclaimer from my website. ***

Wild overnight session points to wild RTH session ahead. Week high for ES at 26.5 is likely to be challenged and gap fill below at 17 as well.

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