Friday, June 25, 2010

Retest of the Overnight Highs?

I expect a retest of the overnight highs at which point I will look to enter short somewhere between 1074 and 1076 on the ES. I will not defend this position...

There is also potential to enter short where we are currently trading at 1072, which is the upper region of current downtrend channel. I will not take this short however, I will wait.

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