Wednesday, November 19, 2008

11/20 is ending diagnal complete?



Today's close hit right at the low trand line. The question is: is the ending diagnal completed? if the answer is yes, then we should see mkt bounce from here towards 840 or even 860 area to complete OE week. It is still possible slip below 800, but a bounce is indeed possible as MACD shows buy interests.

Trade only things that you can handle.

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