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Friday, June 28, 2013

Monitoring the S&P

The S&P is starting it's slide, but it could be in for a bouncy ride.  It's if price gets into 1630 that the big sellers and volume step in, so even though the trade is in profit right now I know I need to be able to stomach it if prices get back up to test the price at my Stop Loss order. 

The set up is good, and now I just wait and see how it plays out.

Cheers.

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