Wednesday, March 03, 2010

Quick recap

Hi there,
Sorry, little time tonight so no charts for the moment.

Briefly:

1- SPY and SPX left us a red daily candle which gives continuation to our pattern
2- ES situation remains weak and we are expecting retest of lower levels, 1107-5
3- DIA still working as a leader into potential bearish leg (also Financial and Semis)
4- Keeping remaining short position from ES 1122.5