08 July 2010

S&P500 : Stopped Out Risk Off

  • Trade back above neckline at 1041, likely invalidating the SHS top formation. Crap.
  • Just not happening here. Going to take a break from trading. Simply can't square what is going on with fundamentals and the charts are failing me too.
  • Cut all my positions, leaving only a remnant in Gold.

1 comment:

Financial Journalist said...

So sudden! I am thinking of selling AUDUSD at 0.9000.