Thursday, February 25, 2010

Another selling day

As I came back from class I found ES down 1,6%. That is pretty substantial. I have been waiting for this sell-off for a few days. Yesterday’s retrace was only a bull trap. Still I am unsure, and will not stretch my luck. For the moment the market is selling, so so will I. I am on the right side of the trade, and will stay here. Still I would want the resistance/support zone to be broken today.

2010-02-25_1808

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