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  • Wednesday, August 24, 2005

    Wednesday Trading Wrap -Up

    After trading up this morning the SPU5 broke that support level at 1215.50 and is now resting on the second level at 1210.50. Next up is it's 200 day moving average at 1202.02 if 1210.50 does not hold. A break of 1202.02 and your guess is as good as mine.I would say 1189.50 will act as support next if we continue down.

    That move lower allowed me to pop off some more shorts in the afternoon session. The payout cycle returns. :-)

    Don't forget to check out the Trade-Ideas free trial through my affiliate link.

    1 Comments:

    At 5:39 PM, Blogger txtrader said...

    Thanks Eyal,it's good to be there.:-)Hey your blog's looking good, I see you've been working on it. Is wordpress pretty easy to use for the html illiterate like myself?

     

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