Wednesday, September 29, 2010

Wednesday

Here's what I'm looking at this morning....if we have close at 10:00 over 14.5, it's up we go; if by 10:00 we close below 06, it's down we go. The 12.5 zone is the center of the up and downtrend, and hence will be the crux of the biscuit. It is also a major volume area, and can be the source of a chop fest. The white horizontal lines are previous days Volume Value Area control points

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