Tuesday, July 15, 2008

edging slowly downward...




Getting closer to .500 node (bottom chart) also at major crossover (top chart). I think the .500 node will win, however, bounce delayed until we get closer to .500..

Note also the green downsloping line in the lower chart, that could provide resistance, but price action should still penetrate it before it can bounce from it...

1 comment:

aaaaaaum said...

Thanks Mark.

Appreciate your work!