Blog Archive

Tuesday, July 6, 2010


Market recap:
Another great call today.
Today's Doji further indicates the indecision. Candles still say hold short.
I'll try to return for more of a recap.
Bottom line - watch the forks.

The red forks has been shifted since the previous red fork was no longer required. Price has fallen back into the lower sector of the green fork. Breaking that bottom tine will send Price down to the lower red tine where support will be found. Whether that support holds will depend on whether the cyan handle holds Price in line.

11:30 ET
Currently bouncing off the Weekly Kumo and the Cyan handle.

10:30 ET

It's a whole new game.
Downward Green Fork is gone Cyan fork is moved.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling contracts, equities or currency.

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