Out at 60; out 10.. Next levels are 54.75 (low of gap up day a few days ago) and 37.25 (overnight low--low of move down).
that big bullshit gap up followed by PPI appears to have been nothing but a lower hi & a retest of the NL @ 94/96. feeling awfully bearish as a retest of 40 is looking imminent. i`d be real happy to see a bounce here to about 69/70 before they crush it......my indicators are buried south ...looking for a pop to sell.
nice mbuschy, got in at just about the same price... once support then becomes resistance. Even though the market blew right through the area earlier it was still a major support in my book. this market gets my adrenaline going.. probably going to call it a day I cant take many more spikes like that.
Trailing stop, hoping for a retest of 1442, but I'll bail if it doesn't happen soon. EDIT: Nope, stopped out on second 1/2 at 1551.50 for +7.25. Now flat. Whew!