Wednesday, October 12, 2011

ITZ PIX New Trade

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Entered new trade prior to close: Proshares UltraShort Crude Oil (SCO) @ $54.25 SET STOP @ $51 CHART

S&P500 touched 1220 intraday, Euro rallied off Slovakian vote but failed to hit ITZ target 1.3850. Looking for some consolidation over next several days driven by European news. WTI Oil to pullback along with $SPX towards $80 or so.

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