a bounce. It travelled in between S1(674) and r1(683). Did two good trades today. Shorted as soon as it fell below 680 and closed out at 672 (Fib 61% retrace). Went long as soon as it surpassed 680 and is still in the trade. The decision to leave it overnight is because VXO is falling and this gives the hint that the market will go up at least for the short term. But again 690 is the line in the sand for the bulls. Tomorrow's numbers are 686, 679 and 674.
2c
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment