Tuesday, March 1, 2011

3/1 10:45

One of the tools I use steadily is the SP futures 30-minute M/A.  I use a 30-minute closing price +/- .5% to confirm trend change.  Right now we need a 30-minute close 6.6 points below this M/A, or 1316.75.

I'll use this as a trigger to look for another futures short point.  The short ETFs are working out well.

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