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ELECTION DAY- The peaceful transition of governmental power is one of the greatest gifts our Nation's founders gave to us. Treasure it and use it.
Here is the chart of the scalp in TNA at the open. I don't have time to sit here at the computer very long today so I am posting this then going to my floor project. I used Scott Farnham's entry in TNA from yesterday as a guide for my resistence line on this short entry. He is so tuned in to the market turns that I have noticed his exits and entries provide nice clues to future changes of direction. Note that his initial short in TNA yesterday was two cents from the opening candle high today and his double-up on yesterdays TNA entry was within two cents of the close of today's opening candle. He is sharp as a tack, and I have noticed these correlations for a long time. WTG Scott.
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Will the markets and TNA close today's opening gap? Odds favor it... though nothing is certain. It's a roughly $2.00 per share gain in TNA if it does.
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