Monday, July 6, 2009

ES Roadmap and Triggered Trades

ES is bouncing between recent low and channel line. Tiem symmetry on the head and shoulders is NOT REQUIRED, but some whipsaw and delay would cause the market makers to make more money. But they are not 100% in control.

PAAS and CTX shorts were triggered today.

Of the 30 or so Boatload of charts, I havent entered trades on any of those yet, pending some resolution on near term direction.

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Insightful and Useful Comment!