Wednesday, October 30, 2013

Warning!!  Close all you longs if we close below the PP!  We came within 20 ticks of our target.  Look for a back test of the PP and take it short, after the FOMC meeting at 2pm EST. PP at 176.86.  It is FOMC day so expect volatility.  After the last FOMC meeting we popped until the following day.  Stick to the rules...  If you do get into a short place your stops at highs.



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