Friday, July 29, 2011

SRS Trade Update

In This post I updated the SRS stop

We knew resistance was coming up and it might be a problem, so here's some new charts/stops and info.
 Here's the resistance, and I can see a pullback from here.

 Here's the original stop, which will still keep you at breakeven at the worst.

 This stop is a bit tighter.

10 mn negative divergence upon crossing resistance, suggests SRS pullback and load up for the next leg up.

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