30 June 2010

S&P500 : Stopped-in @ 1040

  • New low for this down leg at 1035.4 tonight.
  • Previous low 1041.
  • I assume the neckline for an uneven SHS top is 1045. Downside objective is therefore 870.
  • Stopped-in short now at 1040.
  • Very frustrated with own trading of late because - got the Risk Off trades right but had them in too large sizes hence stopped out on the recent short squeeze.
  • My heart bleeds for the Blue Samurais tonight. Still, they gave a good account of themselves, which was not the case with England.

2 comments:

TradeDemon said...

I was surprised to see Japan lose - they were the stronger team in my opinion...don't know about tomorrow Month/Quarter end - wonder if they try to put some lipstick on this PIG - The matches are looking good now as the cream rises to the top...

Taichiseal said...

Mouth watering ...