Wednesday, November 2, 2011

Update - 2nd November 2011

Critical Support at 11500 levels and a poke at 11900-12k levels once more cannot be ruled out. First tranche of shorts should be opened as close to 12k as possible whilst safe traders can patiently wait for a close below 11500; once a close below 11500 is registered, it won't be too long for Dow to retest the yearly critical support levels of 10250-10500.

Patience is the key - refrain from hitting the trade button on each tick

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