Tuesday, April 21, 2009

04/21/08 Market Recap

Just a quick update as I won't be very active this week, I added some shorts and took profit on my CAVM long. I am definitely more bearish right now, my shorts out number my longs 2-1. Looking at the ES chart I am looking for rejection of the 845-850 level and for the wedge that was broken to hold as resistance. If it doesn't and we see a strong up move on Wednesday I will buy back some of my shorts.

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