Thursday, February 5, 2009

Forming a broad top across the markets.

This is a very important day in my calender because I received significant number of setup alerts from stocks and indices. This happens when the market is at apex or important pivot. The type of setups implies the market formed an important top today.

I tried to enter ES short positions with tight stops three times, didn't work so far. I will not let the train leave without me. I am building swing trade positions on those with chart setups. ES is one of them.
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