Thursday, April 9, 2009

April 9, 2009 Thursday Trade 3 Short 2 Contracts

A long upward-sloping bear flag breakdown on 3 minute chart with angle of ascent less steep than the initial steeper-angled topping pattern. This is what Toni Hansen calls an Avalanche(TM). Took target at minor support because this is still a very strong uptrend. This will be my last trade of the day due to shortened Holiday trading session.

Trade 3 (Short 2 Contracts +1 points):
Trade 3 Screenshot