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Two Trade Taken Today & The Market Intraday Checkup

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January 05, 2012 – Comments (0) | RELATED TICKERS: MTG , TGT , SPY

Two new trades I took this morning. The market is looking, as a whole, like it wants make a move higher, but that will in large part depend on whether it can break through the intraday channel that we've been stuck in since the beginning of the new year. 

Long: MGICInvt Corpt (MTG)

Long: Target (TGT)

S&P E-mini futures 5 min chart

Here are my chart mark-ups

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