Friday, June 8, 2012

Rollover Friday so things can get messy.  Traders are looking at two different charts so make sure you have the higher time frame in mind for key levels and stop placement.  Better to stick with trades in the direction of the major move or enjoy a nice day off.

Nothing available during the AM session, waiting to see if the afternoon grinds to a halt or if we will retest the lows before the market closes for the week.  Not interested in longs at the moment, however we'll see how things progress.



Afternoon session continues to push higher..... Still keeping an eye out for a friday afternoon selloff/correction.


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