Chart Watch 2008-06-03

Tuesday, June 3, 2008

XJO - S&P ASX 200



XJo showing signs of weekness again with the current trend line being broken. Looking at 100MA for support now.

XJO - S&P ASX Financials



XFJ was a great short on the 22nd of May. 100 MA resisted the uptrend and also broke the current uptrend.

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Stop Loss Matters

Please see my Blog discussing setting a stop loss . The latest post is using ATR as a stop loss.

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