Tuesday, September 7, 2010

Trendline Break

We've a major trendline break at 69 ish, I expect buyers at 52-57 for a retest of either the Trendline break or a kiss of the underside of the trendline...which would make new highs, get everybody whooped up, and set up a wicked bull-trap. Test of the break around 69 and failure, will put in a very clean head and shoulders. So my program today is to sell any rally.

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