this is going to 100% cash here this morning, @ 10:45 or 803.30 as one of my more conservative moves.
i had looked at a 25% short .. as the flip ..but the buy signal is only overbought.. and not yet showing a sell ... so
im giong to give this a bit more time to go a little higher into the resistance shared at this post on June 16th here.
what i saw then to 815-816 area is still possible.. just protecting the gains early to work either long again on a dip.. or short again from higher numbers.
note that i did alter the plan to take this LONG signal all the way to the turn.. but i want to stay up on the profits this month, risking less playing tighter in the face of the whole Greece / Fed decisions / US debt issues facing us today and tomorrow.
trade well
Edited by Mr Dev, 21 June 2011 - 09:56 AM.
