Reached resistance line at 520

[sk_1]

Will it pull back or will it continue to power up? Wish I knew the answer. Meantime I am setting a very tight stoploss! What a share this has been so far.!

[cfm]

I'm currently reducing my position. Two reasons. The first is the major resistance between 520 and 530. The second reason is I'm away next week with unknown internet access and I don't want to leave such a large number of SSF contracts to the mercy of the stop loss system.

[Russ]

520 was quite strong resistance.It passed through it and has now pulled back to test it. I wouldn't sell now. I believe it will hold and continue up.528 is resistance but not as strong as 520.

[Russ]

Hmmmmh.The spread just straddles the resistance area now (510-520).Will be interested to see how it closes.I blame Friday profit-taking for this.Hope for 520+.

[sk_1]

I got stoplossed out late Friday..My stoploss maybe was too tight or maybe I was lucky.. time will tell. I will continue to watch this one closely.