Monday 25 June 2012

3pm update - waiting

Mr Market battling it out....its getting messy in the near term...but the bigger picture targets remain clear.


sp'15min



sp'60min



Summary

..still waiting to re-short. sp'1317/20 ..looks 'best' guess right now..although they could easily just close it at the low of day.

I will not chase it lower..if we do fall into the close.
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UPDATE 3.31pm ..sp'1315,,,,,still waiting.

3.43pm - going to WAIT until tomorrow.  VERY bearish for Wednesday.