Tough call.. though considering summations turn and good looking MCO's it wouldn't be a total surprize. Well, not to me at least MACD's momentum also looks good. both longer term MACD's are in a solid upward move with a lot of room to run. Though the short one is getting kinda high here. But it still didn't flip.
The main question is... are a lot of people still short this monster ? And if a lot of people are trying to pick this potential pull back point against the momentum in internals ?
Stay tuned .....
Either way.. tomorrow should be interesting.
Edited by ogm, 22 August 2007 - 03:04 PM.