Friday, 4 March 2011

Short Beans ( Mch 11)

Short just after price ran out of energy after a .764 Fib RT on the deep blue UMLP of the Schiff fork (originally the green Andrews fork). Heavy support will be offered by the thick blood red RL at 1391-00 but i am hopeful that we will see price take this level out and close lower. We had all Stochs on "the roof" with a reading of over 95 for the 35-10-1 plus divergence on the Maccy-D etc. I was filled on a sell stop resting order.

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