YM trade update
Open position: short 10552, stop 10572. Weekly R1 will be at 10603. Daily R1 is at 10567, just below last week's high. If we get stopped out, look to re-enter short at 10603. Ultimately, we have an old gap to close at 10781, probably where this rally is headed for. But we are due for a pullback to weekly S1 at 10465, which would also be the 10 day ema.
This entry was posted
on Saturday, May 28, 2005 at 11:41 AM.
