Friday, 22 June 2012

1pm update - trying to be patient

Market really struggling to break higher...the 15min cycles, could already be maxed out....those bulls looking for 1350s..and beyond into next week..err, I don't think so.


sp'15min



sp'60min



Summary

Still waiting to re-short, but probably wthin this hour.

We have clear bear flags all over the place.

Update 1.03pm....Short, from equivilent of sp'1330. 
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Seeking marginally red indexes by the close.