So here I am... and this sell off has been agressive. But then... I use one of the most simple rules about a slowing of momentum...
YOU WANT A MOMENTUM LOW, then a SECONDARY LOW... So now... I look for the upmove, then a RETEST... and if I can start drawing trend lines the more the better.
Tuesday, April 7, 2009
Tony asks "ERIC what do you see"
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1 comment:
Coincidentally, 81.71 is the S2 I figured last night. This should be good support, even a tradeable low.
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