Tuesday, June 5, 2012

SP500 - Trade Idea - go long


Remember our post on SP500 - when it was good to buy?

http://tradingroom.vertis.com/2012/02/sp500-follow-up.html
http://tradingroom.vertis.com/2012/01/look-accross-atlantic.html

Well it was - but one should have dumped that long position many times already. Now we see another tempting trade in SP500. Go long now @ 1270/1275 with SL @ 1220/1217 . Current level seems to be strong support judging from the past patterns.


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