ES short exit triggered @ Stoch reversal, +4.25 (keltner +3)

By Michael On July 27, 2010 · Leave a Comment

Note how the stochastic reversal occurred at Fib 1.382 ~1.618 zone, which is always a good target for the second push (third wave).

Pre-market, wait for volume to confirm.

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Reversal Trade: Short @ VPC 1341

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