Monday, June 24, 2013

Short In The Hole

Daily comments...

This is our current market top day, http://scott-trader.blogspot.com/2013/05/down-day.html and even I forgot to make a specific comment about how a tail like this, at this exact yearly all time highs zone, could be trouble. It is so easy to get lost in smaller time frames.   And this signal was entry short for the long term swing account.

Now let's look at today's action that featured a vicious short squeeze.



Intra-day snapshots




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