Traders' Forum

Re: SP Market
By:P
Date: Thursday, 2 July 2009, 9:45 pm
In Response To: Re: SP Market (P)

The market action is confirming that the trend is now down and supply is in control. A break of the 870 area would be be a sign of weakness and many will finally recognize the trend change.
I remain short and will short all rallies to resistance below 935 or if demand gets back in control,

Peter