Thursday, July 29, 2010

Market Comments

We covered most of our shorts today close to the 1099.5 level on the ES...and 647 TF is now flat from 667 also. Interestingly, the market may be postured for some upside probing...however the ES Swing system still has an open position an will look to add short if that is the case. All in all a very good day in a challenging environment. We are holding the remaining short as we close the books on a tremendous month.
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