Wednesday, April 28, 2010

4/28/2010 Good Short

Good evening traders,

The market looks ripe for a short in my opinion. we retraced back to the 61.8 Fib level right to the tick 1192.00.

First target would be 1186.00 then yesterday's lows 1176.50.

set the stop above 1195.00. Use extreme caution. Every dip has been bought since February this time may be no different.

Good luck


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