we failed agiain to make a new low, and the attempt on christmas eve was not convincing. My Rig trade seems like a dog.... We shall see, what I get for not trading it off a chart.
This is what a nice Basing move with a breakout could look like. over the next few days.
None of this eliminates potential bearishness, but we do have the potential for a move up leading to Jan1.... after that... Who the hell knows.
Wednesday, December 24, 2008
some charts
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