Friday, September 16, 2011

This morning's head fake thus far

So far it's not looking great and a head fake is the last ingredient... 

 DIA 5 min

 QQQ 1 min

SPY 1 min

All going in to leading negative divergences on the move above local resistance or a head fake. I'm am going to add a few more shorts via inverse ETFs, Thus far they will include: SPXU, SDOW, SQQQ, FAZ, and SCO plus my gold long from yesterday DGP. I'm still keeping these as partial positions for now and will add more later.

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