Monday, December 5, 2011

12/5 - ready to short, but need patience

SPX - still bullish but pointing to a tradable pullback


SPY - just know that the trend is still up...want to go short, but need confirmation


DIA - resistance strong at this level


DIA 30 - resistance is dead on..above and very bullish


QQQ - Huge volume at these price levels


NYMO - not yet overbought so thinking maybe not ideal time to short

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