S&P 500

Wednesday 10-15-2008
Yesterday the S&P closed with a Doji / Spinning Top at the top end of the 10-13 candle and below the T-Line with the 2ema below the T-Line. (Sideways Chop) The Morning Star signal is still in play, We just have not had the Swing Low confirmation yet.
Trade cautious until we do get the Swing Low buy signal.

The profit taking of yesterday was expected as noted on yesterdays email

Good Trading  and always Trade For Profit
See you all in the Trading Room
Rick