Imo, it really depends on what your timeframe is. If you're
looking to hold possibly longer than a few days, then watch that
1320 area. That's an area where a lot of shorts shorted. If that
area becomes support, we might slowly melt up to that 1365 zone.
Just have a stop in place.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Imo, it really depends on
Does anyone think the first trading day of the month ...
Posted by cw12 on 28th of Feb 2011 at 10:29 am
Imo, it really depends on what your timeframe is. If you're looking to hold possibly longer than a few days, then watch that 1320 area. That's an area where a lot of shorts shorted. If that area becomes support, we might slowly melt up to that 1365 zone. Just have a stop in place.