Thursday 12 April 2012

Short June 12 S&P@1371.50...continued

Partial profits taken at the ML (1365) and stop now moved to profit ( 1371.25) to protect remaining position which is a "keeper". We now watch for price weakness at a series of trigger lines form these local forks in the 1 & 5 min TF plus of course the most recent fork that can be drawn using the new low pivot at 136.50...this could present another short entry.

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