Monday, October 19, 2009

A Look at Preopening Trade

After dipping below the 10/14 lows overnight in the ES contract (above), we have moved smartly back into the multiday trading range in preopening trading on Monday. A solid earnings calendar should keep things moving this week; AAPL is up to bat today. I've posted the day's profit targets via Twitter (follow here); weekly targets and an indicator update will follow later this morning.