Reply To: MONDAY 23/09/2013 SYSTEMS & INTRADAY

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    Well this week is all about seeing the initial action.

    Was Friday the start of a CIT? WIll it grind out into a topping process or will it do the usual and a short sharp fall and then up to new highs?

    First of all we need to watch and respect resistances and supports. SPX 1698/1700 is a KEY as well as the ES levels above

    We need to see if Monday is a WNER or follow through from Fridays selling?

    So for now I remain SWING SHORT and 1 position DAY LONG from Friday at 1709.

    As it stands it does not look good but we shall see.

    No new positions until tomorrow RTH at the earliest as a guess.



    Plan your trade, trade your plan!