If we break the lows of the day, I'd be stopping out of positions put on earlier today and going back to cash.
Thursday, August 4, 2011
Intraday Double Bottom Test Here
Important moment here as we go back to retest the lows earlier in the day. As I wrote earlier, either we break and we're in bad shape, or we hold and it could be a very good thing.
If we break the lows of the day, I'd be stopping out of positions put on earlier today and going back to cash.
If we break the lows of the day, I'd be stopping out of positions put on earlier today and going back to cash.
