Friday the 12:30 hour traded a full hour above the 60 minute chart lower band stabilizing the down trend. Monday we may see a slightly positive open then lower lows. If the lower low is below 1490 risk a drop to 1415 becomes very real. If the low is above 1490 then resistance is at 1520s. A slightly positive open then below 1490 is favored.Sunday, November 4, 2007
Monday, 11-05-07
Friday the 12:30 hour traded a full hour above the 60 minute chart lower band stabilizing the down trend. Monday we may see a slightly positive open then lower lows. If the lower low is below 1490 risk a drop to 1415 becomes very real. If the low is above 1490 then resistance is at 1520s. A slightly positive open then below 1490 is favored.
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