Wednesday, September 19, 2007

Thursday, 9-20-07


60 minute chart has traded back below the upper band however the 120 minute has yet to do so. You may see the lower 1540s probed before the market tops and drops to the 1496 to 1488 moving averages areas. By the 27th we should be trading at the 45 day moving average and if that holds support still looking for 1605 by November.

No comments: