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Written by Edward Chen
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Tuesday, 08 April 2008 |
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With a triple top resistance at the 12,700 of the DOW, I believe it should be a firm shorting opportunity.
As a follow up to my previous post, I still believe that every up is a good shorting opportunity. Unless the DOW gaps up or rally past 12,700, I'd like to be the first one to shout wolf! A picture truly tells a thousand words. So, see for yourself and trade accordingly with wise risk management in place:
 Let's see what will happen when the market open in two hours.
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