For those interested, here is a live feed of the vote.
http://www.c-span.org/Watch/C-SPAN_wm.aspx
http://www.c-span.org/Watch/C-SPAN_wm.aspx
- #35,063
- Sep 29, 2008 12:34pm Sep 29, 2008 12:34pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
to those interested here are the reasons why i selected 1.4465-1.4365 as the current trending range.
-for support=notice the overlapping fibs...(downmove from high to current low) and (current low to where it retraced)...1.4365 is where the 23.6% and 61.8% overlap and is a strong support
-for resistance=notice the 61.8% fib lvl for the bigger downmove (a 15min candlestick above that suggests full retracement) and also the lower wall of the previous downtrend channel
lets consider that blue line where above (bull sentiment is stronger) below(bear sentiment is stronger)
-for support=notice the overlapping fibs...(downmove from high to current low) and (current low to where it retraced)...1.4365 is where the 23.6% and 61.8% overlap and is a strong support
-for resistance=notice the 61.8% fib lvl for the bigger downmove (a 15min candlestick above that suggests full retracement) and also the lower wall of the previous downtrend channel
lets consider that blue line where above (bull sentiment is stronger) below(bear sentiment is stronger)
Different opinions highly valued, ignorant to slander.
- #35,071
- Sep 29, 2008 12:45pm Sep 29, 2008 12:45pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
