Vytasbcn
Short

Thinking retrospectively

FX:SPX500   S&P 500 Index
26 0 4
I should have taken a long position with a SL just below the pivot point when CS             bounced of SSB             (of support) and let it ride to the top. At this moment it is too risky to enter long as resistance at the top of triangle and going to 2011 is near.

THE PLAN: if we get another pivot at the top, then I go short, if it breaks up, then long after retracement (less likely). If it breaks the lows of triangle, then I go short.
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