Tuesday, August 10, 2010
8/10 12:30
DJ futures tapped their hourly M/A where I bought. They since have rallied up to the trendline drawn off of the lows starting at the big low 7/5. SPX is forming a rectangle after completing 3 up. Nasdaq is weaker, not capable of generating a 5 up. FOMC statement at 2:15. Currently 2% SSO from 37.18 and 2% DJ futures at average entry of 10,563.
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