Edited by andiron, 22 June 2011 - 07:33 PM.
expect sideways action for a few wks..
Started by
andiron
, Jun 22 2011 07:30 PM
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#1
Posted 22 June 2011 - 07:30 PM
it will frustrating few wks from here...bears will salivate at sell off...while bulls would look hopefully (like nymo divergence) for a rally after bear gets faked out yet again....
greece etc got some breathing room till july i believe....
So right now i am looking at it to be wave 2 on wkly (sideways to up)...sideways action is also warranted for there is wkly simple trend line supporting the price action (should)
I feel better shorting opportunites r ahead.....