Thursday, August 26, 2010

8/26 9:45

Cash indices double-topped with yesterday's highs preserving the count.  We should not see SP futures above 1063 or SPX above 1066.  This will stop out a quarter of my shorts. 

1 comment:

  1. Morning... I'll add to shorts if/when we get to the 1062-1068 zone. Above 1069 would violate my working count, so the stop will be fairly tight. If we break below the current up channel, that's also a short signal.

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