Friday, August 28, 2009

New Highs Coming...

Sorry for the late post. Between my day job and back to school night for my highschoolers, I was too tired to put up a post once the kids were finally in bed. We're essentially following the Most Bullish scenario from yesterday's post. The move off of the low has been very impulsive. Watch the 15 min 34 SMA for key support until we get to new highs. Once we get there, the 60 min 34 SMA will likely only be broken to the downside once the move is over.


Post a Comment