The market has been pretty much laterally range bound for the past several sessions. Soon enough, we should either have a breakout to the upside or downside. I prefer not to gamble so I will wait to see what happens. For a breakout, we need to spike out above the 12400 range and close near the top of the range. For a breakdown, any downward thrust below 12,000 with a close near the low will do. Stay tuned.
Watching: ZBB
Nick,
ReplyDeleteAny new trades? Havent see any posts from you recently..
Vijay,
ReplyDeleteI have been doing some small trades here and there, but I have been so busy with school and work that I haven't had time to post. The only worthwhile trade that I didn't get to post were the trades in CT, GLNG and IRWD