IBM… Pattern Alert…TBT

IBM just put in a double top on the daily charts @ 173.88. We need to see all new action over this level for upside follow through.

A close today under 173 will have us exit this Long position. Sell IBM on a 173 “Stop Close Only”

Keep your stops in place on the residual shorts in the 30 yr. Futures and long TBT positions.

This entry was posted in Archive and tagged , , , , , , , . Bookmark the permalink.