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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Bears Win Again

RaginCajun Wed May 16, 2012 4:12pm EST 2 Comments

Seems like a reoccurring theme, pop the open, close near the lows. Makes it hard to hold anything over night, including shorts.

It seems everyone it fixated on 1290, maybe that’s our next stop:

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I’ll be back with some charts and ideas later tonight.

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2 comments

  1. rickyroma0
    rickyroma0
    May 16, 2012 at 4:17 pm

    Low 1280-ish I think. As I mentioned here http://ibankcoin.com/rickyroma0/2012/05/14/any-way-you-want-it/

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  2. Mr. Partridge
    Mr. Partridge
    May 16, 2012 at 7:24 pm

    1296 to be precise lol

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