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Tuesday, May 31, 2011

NY #1-5

Trend had been down but it could changed.
1-Yellow so i shorted off the previous support highs to the left. +5
2-started getting yellow but it was close to the 50sma on the 5min chart i shorted there. it went a few against me came back and exited +2
3-then because of this strong push up i bought on the exit +6
4-then bought again on the push up as we are in a mini uptrend possible the start of the bigger push depending on news and the dow. +10
5-i shorted at .4412 as on the 5min chart that was the resistance area. +3

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