Wednesday, March 21, 2012

S&P500 - Setup 21/Mar/2012



Plan: The hourly (bearish) divergence is a short term top. Market is going to "correct it" and test last week breakout.
The bias is up so I just need a break above 1408 to be wrong (and get out!)

Targets: 1377 and 1369...

Add to initial position with an hourly close under 1399.59



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