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Night_Trader
Jul 11, 2013 3:31 PM

Another Cypher pattern on the SPY...this time intraday Short

SPDR S&P 500 ETF TRUSTArca

Description

And another bearish Cypher pattern ahead. This time on an short term intraday timeframe. Be careful it is countertrend, and the uptrend is quite strong. I would suggest to trail stops very actively....!
Comments
Night_Trader
Target was not reached. But with trailing stops no harm should not have been done.
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