Blog Archive

Friday, August 13, 2010

Friday

Market recap:
Friday left us with a Black Spinning Top. Confirmation from a Long White Candle will be required for a reversal of the short position establish several days ago.




Currently below the major moving averages 50, 200 & 255, with most indicators looking bearish.
The forks clearly pointing the way down until violated.

// End of market recap for 2010.08.13 //





13:30 ET
Adjustments have been made.
Looking for a late day sell off to the low 1070's
12:16 ET





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

No comments:

Post a Comment

Today's Feature