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Wednesday, September 8, 2010

SPX vs SSE

SSE crossed 2700 (refer to 18th August post on 2700 to 2800 closing early September) and pull back on 7th Sep below 2700 the same day. 

Closed my long position (protect my profit) this morning. Move back to Neutral position.

Watch for further consolidation this week and hoping dip next week to buy.

Next week also coincides with US Option closing calendar.

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