Friday, September 25, 2009

SPXU Trade Exit

I am recommending exiting the open SPXU trade today before the close. The current price is 46.86 up from 44.44 at entry for a 5.5% gain.

There are too many red flags going up for me to consider a bullish trade right now. Hopefully a solid new opportunity will present itself next week one way or the other.

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