TSE Jan 20, 2010

TSE Jan 20 2010

Last Monday’s (Jan. 11) high and immediate reversal may well have been the top. Despite already having lost 500 points since then, still remains to be seen if that was it If not than we have already created the necessary overlaps and one more brief push to a new high remains possible (BUT I DO NOT THINK SO).  Either way , from a risk/reward point of view it seems to be a much better bet to play the short side.