"jolly green giant called wednesday", page-10

Thanks Wink,

You coming to the Melb HC meet? Will be interesting, hehe.

I will close some longs today, and use trailing stops, otherwise just let the profit runs.

EMA 195 previously support, now resistance, if she breaks EMA 195, she would need to fall and test this EMA 195 (Same as Dow Jones) if they both can find support and bounce from this EMA 195, forms another higher swing bottom, that would convince me to go long again for the 4800 then 5000 tops. On Monday night's Dow candle it started high and then finished low was a typical bear trap and sent the Dow last night for a massive short covering rally. Our market was pretty much the same directionless yesterday, many would be betting on a red Dow lastnight, so I think we would also get a short covering rally and leading into XJO closing on her high. As for me for my longs, I think there is no need for me to sell in the open, Dow closed above EMA 195. So my plan will be off loading some longs at the close. Well done again to those who thinks outside the box.