Tuesday, May 26, 2009

Consumer Confidence numbers up sharply/tech drives market


The consumer confidence level jumped dramatically whipsawing Oil up near our sell reco
minutes after tantalizing the buy spot I have given a 2 point range out today which is actually fairly tight as Oil but you have to trade to make money. We were much more confident about the buy side today if you read just over two hours ago I called this a healthy correction ergo a pullback was a chance to buy. Which I did a little higher than my entry on the buy side at 59.82
as you can see from the chart on the left
My next sell entry is 62.25




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