Here's another short term view which supports the idea of a bit more rally before the next, possibly more sizeable correction. That price managed to climb into the next higher fan puts somewhat of a brake on the decline. Alas, the move is nearly fully overbot plus the cluser of MedianLines (chart from afternoon comments) may put a damper on the move at 1406-1411. A better long entry is just around the corner, suggesting that this mini-top should be sold.
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
Powered by blogger
Web Host: lunarpages