Wednesday, September 14, 2011

Trader Update -data point 14 Sepyember 2011-

Trader Update:

Hedged *1378

Trade: sold the SPX 500 *1202 - Target Range: below *1096 - Stop: *1187

,,,the SPX 500 bounced off the *1160 support with an intraday Low *1163 and extending above the short term trendline current *1176 into the *1187/*1192 resistance cluster - but labouring

...watch for an imminent bear strike failing the *1187/*1192 resistance cluster with expectation, the September 6 Low *1136 to fly out the window, pushing the index for a second test of the bull level *1103 at a minimum

Kind Regards

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