Thursday, August 13, 2009
XLF pivot levels and trade strategy
XLF now has resistance around its 6-month high at $14.60 and support at around $13.65. I will be playing UYG or FAS based on these levels. If XLF breaks above $14.60 I'll buy UYG and vice versa.
Bought Citi (C) at $4.08
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