Wednesday, December 11, 2013

Yellow Light

No trade Monday.  Two day above the PP but never got a pull back in the main trading hours with conviction to go long.

No trade Tuesday.  We closed below the PP.

Still waiting for a stet up.  Its going to be slow till the end of the year.  Fed Meeting next week and everyone is hedging their positions in case the fed slows the taper.

15 Min on Monday looking like a double top so be careful of a pull back.


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