Now see if 1040 and 1020 hold next week. Maybe will take out the July 1 area of 1000. My previous thoughts were a summer trading range of 1070 high and 950 low.
Macro equity trading strategies with risk management (paired trading when needed). Some might think these are crazy ideas but even a 'blind squirrel' will find a nut every now and then !
Blind Squirrel Trading Strategies
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Friday, July 16, 2010
S&P 500 down 18 points. Hit resistance on the Fib Fan line (light blue on chart)
Now see if 1040 and 1020 hold next week. Maybe will take out the July 1 area of 1000. My previous thoughts were a summer trading range of 1070 high and 950 low.
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