i expect this channel to break down today
Started by
TheArchitect
, Jul 28 2009 08:23 AM
3 replies to this topic
#1
TheArchitect
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Posted 28 July 2009 - 08:23 AM
I also expect a down thrust in the internals to accompany this. This would initiate a correction.
#3
TheArchitect
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Posted 28 July 2009 - 09:59 AM
Back down to 910/911?
i dunno... i think the 950's breakout level is the first logical target... i'd think that area would provide good support, and a lot of chop.
#4
TheArchitect
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Posted 28 July 2009 - 10:52 AM
gray TL should provide support at least through the lunch hour. i think ultimately though, the mkt wants to test the 955ish breakout level.
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Edited by TheArchitect, 28 July 2009 - 10:53 AM.
