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Wonderwood--No Follow Through

Posted on the 29 May 2013 by Souljester @souljester618
So far, no follow through on the Wonderwood position here. This is a key area (monthly average) so defense here could be bullish, while a break down would be bearish. I am still playing this short with the tight stop. I have converted the stop to a channel stop (currently 165.67ish), which is about 1.4 additional SPX points. Here is the chart. I am just playing candles/channels at the break down/support area.  Update Chart:
Wonderwood--No Follow Through
Peace. Om.,

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