Jul 6, 2010

10% in 10 days ... Cash in on S&P 500!

First profit target on the weekly chart was hit this morning. I would lock in the 10% (120 points) gains that were made within 10 trading days and re - assess the entry point in the coming days on retracement of the down move. Keep an eye on order flow on retest of the H&S neck line.

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