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Monday, June 7, 2010

Monday 6/7/10 wrap up

Couldn't post to blog all day today until now, apparently technical problems at site host (Google).
Went short ES @ 1064.75 at 12:45 PM (CST).  At that time the 5 minute V Stoch showed a bearish divergence and was rolling over, and the 30 minute V Stoch was rolling over as well.  Stop has been lowered to a breakeven since then and position is being held overnight.  Exit (barring stop loss being triggered) will be either a bullish divergence on the 5 minute V Stoch or a solid break and close above the downtrend line from last Thursday's high.

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