Monday, 18 June 2012

Short emini S&P...continued

Time for a small bounce but perhaps not to make a higher high- I maintain this short position and may add to it. Target is as per previous post 1317- 1323 and eventually lower to restest 1300 .Different ML/RL templates shown above but sharing many of the same forks.
The recent low at 1328.75 means you can draw a fork and use any failure bor CL hit as a guide to price strength/weakness.

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