- Major weakness pre-US market open. ESZ1 @ 1128, where I have triggered half of my intended pyramid sell stop-in.
- ESZ1 trades about 7-8 points under cash. At 1128 now, futures are calling for cash open around 1136.
- Monthly : Middle of fresh down leg. Uptrend over.
- Weekly : Triangle base support line at 1145 ie futures pricing downside break already.
- Daily : Recent low at 1136 from where we bounced to 1220.
- If we close tonight below 1136, I will put on the balance of my intended increased position.
- Shaping up to be a blood-bath day. Let's see if the close confirms.
- [The core book table now shows relative risk taken by font size].
22 September 2011
SP500 : Crucial Day
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1 comment:
Cut half at 1171. Average now 1174. :(
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