Tuesday, November 9, 2010

Making a Top

Today's action has confirmed the top of 1224 and we should now see more two way trading for the next few days.  After that, I expect a move to the downside, probably to at least 1175, but more likely to around 1162-1165.  We are probably getting close to a bounce, but it will likely be contained at 1220. 


Petsamo said...

That was a nice all-day downleg.

Anonymous said...

ES , NQ, gold, OIL all came down touched 8EMA on daily and bounced

Anonymous said...

Petsy dude ... why u not wanna join C4T ? We still miss u !