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More Profit on Multi Year High

Tuesday, 22. November 2005

You have to go back to 8/03/01 to find 1255 price level on the S&P 500 e-mini. It's more of a drift in the direction of least resistance as volume has not confirmed this move. Stop moved to 1249.50 to lock in accumulated profits.  Also note that 1257 is an "extreme on our chart that was taken out by by 1.5 points that gives some chance of continuation. While we have given some room for additioanal profit, it is likey we will be stopped out as the market takes a break. All good things do come to and end but we will have still enjoyed a great ride.


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