Friday, May 4, 2007

PRICE Heads Higher

10:00pm Globex PRICE movement went higher as it cleared the 1508.50 level I talked about this morning. But now, with the TREND Chart pointing down, I would be cautious with LONGs. Will be keeping a look out for a SHORT set up.10:05pm TREND Chart is trying to turn up...Will see if PRICE concurs. It is does, then LONGs will be the trade to look for.10:35pm Sometimes it is good to just stay out if

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