I should have not deviated from the original plan. I unfortunately became more bearish and did not reload any decent longs at 1300SPX after the first rally failed.
I think if we can consolidate nicely here for a few days, we should break to new highs the following week. We are at an important juncture here. We will either consolidate and break to new highs, or fail and return to the bottom of the channel at 1260SPX.
I'll be watching for some decent consolidation before the break north.
http://www.traders-t...?...st&p=584751
Edited by orange, 21 July 2011 - 03:50 PM.