Monday, May 18, 2009

Play for Monday, May 18th

After the Asia session the FTSE is quoted in the 4300s to 4310s, after being bid as low at 4286.

I'll be looking for weakness and a sell signal below the 4370s to add to my short positions, possibly even as low as the 4330s or 4340s. If we move above the 4370s I'll be looking to close my shorts. Please see the weekend wrap up for further insight.

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