Friday, March 4, 2011

Pattern

Not a nice pattern if we get down to 1311 area on the Futures. It is VERY difficult to trade here as you can see from the last couple of days, everything turns on a dime and therefore you MUST look at longer term patterns to play which in itself is difficult if you don't have huge capital. That being said this pattern looks like a double top but I wont be quick to say it is yet till be put in a few more closings.

Have a great weekend

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