Tuesday, July 27, 2010

7/27 8:30

Even though diagnal triangles frequently have a "throwover" beyond the top trendline before turning down I went short 2% SP futures at 1116, which is near upper trendline.  I'll add another 2% on the lower trendline break =1.5 points.
The DJ futures are up 60.  If the cash market opens up 60 then it is only 10 points away from the 10,594 high which is Minute2.

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