Simsci : Potential Weekly Double Top

• Fresh short 312.2, in anticipation of further equities weakness in Sep09 following weak Shanghai close for Aug09
• Weekly uptrend line at 308 is under threat. Also potential double top forming with NL at 303. Stop close above 325.
• Many other charts with same look. Correlations are high!
• Will NOT build on this trade unless the technical breaks above are confirmed. Very mindful that I am early in the game. Will be massacred if market is still in range trading mode and I am caught with large positions again (as in past few months).
• As per ED Spreads, risk is clear. Hard stops set at appx S$2600 per contract.