Friday, July 16, 2010

50/50 Cross Update


Well, we got our cross early on today right about at market open and the market proceeded to sell off down to the 38.2% Fib retrace (using high 1099ish low 1002ish on the emini).

Looks like we've set a lower high and are headed to a lower low. Perhaps 950-975? Only time will tell.

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