Thursday, August 30, 2007

8-30-07, Intraday



After a fake out lower open the market has chosen the path toward 1480. Once this minor rally completes and drops into a four day cycle low buying for the run at November-December highs can be done. Need to see the 60-minute chart bands collapse and the lower band approached as stochastic is below 1.0 for a low.

No comments: