Considered lowering the stop on YM short to break-even, but decided to stay in the trade with the stop at 10675. Option expiration Fridays are hard to gauge, but there seems to be a hint of weakness, visible in the upper shadows of the daily candles, almost the same pattern as June top. Frankly, I think we are going higher, but I'm betting we close the gap below first. I'll hold the trade over the weekend, see what Sunday night gives.
click on chart for full size
click on chart for full size
This entry was posted
on Friday, July 15, 2005 at 4:18 PM.
