It's been a whiile since the last post and the trend has changed as suggested . So what's now?
Entering a long position here , can cause major loss since conditions are pointing
for a correction.
XLE look weak as well as September is the worst month of the year.
Nevertheless I prefer to short the safe way, where market confirm the down move and then corrects up to lower move.
Friday, August 21, 2009
Market update
Posted by indextrading at 9:12 AM
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