Marktet letter

S&P 500 INDEX Future

Week 29 / 2010

Comments
We went the S&P on 14.06.2010 long at 1098.00 when the outside line of the PHI-ellipse was broken on the upside on a daily close. We reverse the position to short again, when either the stop loss is reached at 1039.00 based on a daily close or when the outside line of the PHI-ellipse is broken on the downside on a daily close

Position
long at 1098 on 14.06.2010

Stop
stop at 1039 on a daily close