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[10Shekel]

Since establishing a long position via $NDX contract on 21 July, a bullish pennant formation manifested itself on the chart between 23 & 29 July. NDX then broke above that high. For this reason (and the fact that I've yet to detect any true weakness across the tape + the monthly seasonality) I remain long. My expectation is that this pattern will continue into Monday's trading. Any aberration of this pattern will get my immediate attention.

Edited by 10Shekel, 31 July 2009 - 10:18 AM.