Tuesday, July 21, 2009

FSLR, SPY, FDX


Opens above PDH. First bar breaks R2 and closes strong. Next bars starts the consolidation. 5th bar is an inside bar (green on green) and closes strong. Enter on the break of 5th bar high.


SPY gapped up and started to sell. It filled the gap and bounced forming a lower high.  8th bar was an inside bar. Shorted there and covered at 50 EMA. 

FDX sold hard after the open. 2nd bar saw some retracement. Shorted on the break on the 2nd bar low. Covered completely at S2.

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