The US market retraced nicely after it hit resistance on last Fri. But Be careful with the direction of SPY, as it's in the middle of the support resistance range now, the 105 to 107 area was congested during late May to early June.
STI hit its resistance 2960 too, and poised for a pull back this week. I'm watchin 2885 for key support.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Monday, July 19, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment