Tuesday, June 22, 2010

ES Daily Swing System Covers

It may be premature, but the ES Daily Swing covered its short for a very nice profit. A warning sign for me is the bounce in the dollar may only be wave B and therefore the dollar may move lower for a new countertrend low and thus the market may trap a bunch of shorts again! surprise surprise. Very difficult setups in this market.

Note: SSO Daily, and ES Daily Income covered on the close also.
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