Tuesday, September 27, 2011

SPY - Bear/Bull tug-o-war


Well so far so good on the plan of shorting more about the green trendline. Today's action opened gapping up through the gap down of 9/22 but failed to penetrate the top side of the pennant. So BEAR FLAG still intact.

I'm not getting long until I see a print of 122.88 and those Call orders are already placed.


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