Anyway , I am still short and will be short unless 3685 is broken in the upwards direction. I closed all of my small BUY orders on friday evening because of the descending trendline. If bears will attack , it must be here around 3620-3630s.
http://img594.imageshack.us/img594/8261/syep.png
From another perspective which I respect the most nowadays , again the bearish trend must start here. We are at the intersection zone of -45 degree line and the circular resistence. Well , that -45 degree line is the same with the descending trendline in the previous picture. Such 22,5 - 45 - 67,5 degree lines are mostly effective. So , such confluences increase the validity and the possibility of the bearish scenarios in my eyes.
http://img822.imageshack.us/img822/3079/qjmk.png
Do you still focus on bullish opportunities?
Imagination rules the world ...
Selym Hyll Return This Year:
na