- S&P on daily chart (futures front month continuation) traded up to resistance line at 1264.
- Had some room left to increase Risk Off. Filled it with small short ESH2 @ 1260 with stop above next resistance point on the same line, at 1272.
- Weekly chart is messy. But should face resistance at neckline of earlier SHS top at around 1265, thus supporting the daily short trade on a higher time frame.
28 December 2011
S&P500 : Short ESH2 @ 1260
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1 comment:
Stopped out at 1259.
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