shorting, page-14

the last time i commented here with a chart was leading off from the 160 again with a possible target 250 and stops 159, profit stop took us out for a measely 5%
We were in that trade becasue of the 150% fib level and look to be turning

Yes it fell through and doesnt look nice but heres my take now
- it fell and closed on the 161.8% fib level
- the falls conincide with the XMJ turn on friday, which may pierce a little lower
- i would expect this level to now hold as daily, monthly and weekly all in oversold.

I will keep a keen eye over next few days and nearly entered today although waiting for wednesday on US markets prior to taking any further positions.