Wednesday, June 27, 2012

I might be wrong

but i doubt this EOM , window dressing BS will continue for too long.
Bulls have had their candy already from 1300 area , as I commented on 25-6 in last post.
It is no secret I shorted yesterday unsuccessfully but I still see this as a corrective rally aimed to retest previous levels.
Of course , lack of volume and EOM suggest most traders to be long but.... yet again, i dont care.
I will be shorting upcoming backtests and I believe 1300 will NOT resist another visit.


GL to all.


No comments:

Post a Comment