Friday, September 24, 2010

We got the first red box on the 3RB, which is potential trend change or chop zone. I'm expecting 2000, but also expecting a bounce around 10-12. May take profit and see what happens, as that could be an intraday low, with price running back up and beyond the highs and close as a trend day. Same possibility with 2000 being intraday swing low, tho it's getting kind of late. So again, price action around these two levels...if we go/get there, determines the next course of action.

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