June 1, 2010

SP 500 WILL TRADE IN THE SMALL CHANNEL FOR SOME TIME


  • SP 500 WILL BE STUCK IN THIS SMALL CHANNEL FOR SOME TIME BEFORE GIVING DIRECTION. 
  • ONE CAN TAKE A TRADE IN THE DIRECTION OF THE BREAK OUT.
  • CAUTION: A FEW POINTS BELOW THE BREAKOUT POINT SHOULD BE KEPT AS A STOP LOSS
THANK YOU
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