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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Chip McVickar who wrote (13239)1/20/1999 2:40:00 PM
From: SE  Read Replies (1) of 44573
 
Looks to me that if we break 81.50 we go higher and 74.50 we go lower.

This is off the flag formation, which normally is a bullish development. Add to that the trend is solidly bullish and you see my reluctance to try another short....

EDIT - One possible strategy to try is shorting here at 1281 and if the SPOO gets to 1282 reverse and go long. Otherwise hold the short. No I will not be trying this with live bullets! :)
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