Monday, November 23, 2009

The Scenario Becomes Reality

The Bullish scenario discussed on Sunday Nov 22 ( see " 60min-View of the Trend and Projections" ) became real as the Key MA at 1096 was penetrated above for more than +8 pts and also above the Resistance zone. Now the next move for the market is to retrace back to a logical level where enough buyers will become interested again or old resistance zone becomes support zone.

No comments:

Post a Comment