looks like an excellent place to hedge your longs market up against resistance, Have hard stop at 1418 and will hold short into close unless there is a big move down.
Starting to see profit taking coming into the market would take profits or lock them in with stops.
Short Market here 1 ES @ 1415.75
Tuesday, May 6, 2008
Posted by DayTrader RockStar at 2:05 PM
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