17/06/2013 S&P 500 Trade

The underlying S&P500 index is now closed but the CFD market isn't. The trade has not gone as planned and I'm now going to exit for a small profit which is at least better than a loss. I'm going to exit the trade @ 1,641.09.

Here is the actual underlying market over the last 5 trading days -

The market is now relatively high and the ascending channel isn't so step. I'm not confident that the support will hold, if there is another downward correction then I'll go long again.