the uptrend was taken out by the moves lower and 184.50s sets up a potential double bottom if it goes that low.. that congestion area 197-195 sets up serious resistance since it can be seen as a major failure.
- #118,005
- Sep 29, 2008 3:38pm Sep 29, 2008 3:38pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #118,008
- Sep 29, 2008 3:51pm Sep 29, 2008 3:51pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #118,009
- Sep 29, 2008 3:51pm Sep 29, 2008 3:51pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
- #118,011
- Sep 29, 2008 3:57pm Sep 29, 2008 3:57pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #118,013
- Sep 29, 2008 3:58pm Sep 29, 2008 3:58pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #118,018
- Sep 29, 2008 4:05pm Sep 29, 2008 4:05pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #118,020
- Sep 29, 2008 4:09pm Sep 29, 2008 4:09pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts