Hot tip..

Quote from mgrund:

1363.92 now- I am staying short looking for a target of 1294, lets see how it pans out

Given that we did retrace up and failed to make a new low (and are close to the original call level -- I do understand you might have been adding to a winner, though), might I ask if you have a stop level?
 
Quote from mgrund:

stop@ 1412.

That sounds pretty reasonable -- short term downtrend resistance just failed.. It held at first, nice down move (figured we were good to go down) then quick reverse and pop.
 
Quote from murrica:

That sounds pretty reasonable -- short term downtrend resistance just failed.. It held at first, nice down move (figured we were good to go down) then quick reverse and pop.

1378.x another possible resistance. I don't like it, we are spiking up.. bad for bears. It probably won't hold (i.e. it will likely keep going up).
 
Quote from murrica:

1378.x another possible resistance. I don't like it, we are spiking up.. bad for bears. It probably won't hold (i.e. it will likely keep going up).

Talk about a clean little consolidation. Yummy.. let's see if it trends upon break.
 
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