Wednesday, June 27, 2012


Yellow zone is resistance where there is confluence of 50% retracement and trendline. If it clears this zone, could go significantly higher. Eurozone crisis may be already priced in to a large degree in the market.

1 comment:

MP said...

It may go your way, but you should use your indicators because they are telling you something other than bullishness. At least right now its not bullish. Know how to use it in the right way. JMHO

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...