Mar 192010

This was a quick morning.  The market came up close to our 65.50 fade area then moved away.  Once the market came back to it’s high at 65, we were ready for a double top short.  Entry was at 64.50.  Since price moved away strong from double top, so we decided to target our second target level of 1162.  It didn’t take long, 10 minutes for +2.5 points.  Watch for the long trade fade setups as price continues to move down.

 Posted by at 10:10 am

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