Wednesday, July 28, 2010

7/28 11:00

1 measure that I use for the 30-minute closing price was 1105.00, another was 1105.75.  I am waiting on a definitive close <= 1105.  I'll use that to increase short position.
The SP futures have broken out of a triangle.
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2 comments:

  1. UnknownJuly 28, 2010 at 9:02 AM

    triangle on 5-min es

    ReplyDelete
  2. Steve KotelesJuly 28, 2010 at 10:20 AM

    Yep, breakdown out of the triangle and the Elliott diagonal triangle is evidence of the downside trajectory.

    ReplyDelete

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