Thursday, July 5, 2007

Post Match

So, market didn't even reach 4608, a clear indication that the double bottom reversal was to take place. Price didn't drop below the 50% of the previous recovery, nor below a MA. So it looks like an open battle still, with a mid-term bias to the upside. Volatility playing catch-up from holiday sessions, could be some more people involved tomorrow on NFP.

+39

No comments: