Tuesday, June 17, 2008

E-Mini-Crude (QM): Bulls 0, Bears 0

My E-Mini Crude (QM) SWING Chart above...
The failed breakout last night from a triangle chart pattern clearly killed both the Bulls, & the Bears. Protective Stops (long & short) would have been triggered by the breakout, and as well as the subsequent failure. Truly, it was the market's way of wiping out all parties in sight!

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