so are you bulls still bullish? Is this just a shakeout, ready for 1280 now? Or are the bears going to put up a fight?
No I did not... it was a little too fast for me to feel comfortable jumping on. I am not convinced that we are still long, need more confirmation. Preferably a poke below and rejection, something similar.
spu's dropped to 49-50 cleav,back up to 1259-62 nip,may retest 49-50 then 44 nip ,if it can't get above the 59-62 resistance,good place for a short with a stop above
ah well - I saw the 51 post, thought it was a bit ambitious but the bots came through. so what do i know For a trend day up, it was a good entry/idea on any retrace. imho.