Tuesday, June 22, 2010

Update

At 10:3 I posted a chart at Trade-Guild that 3C 5min was forecasting one more move to the upside, we got that move. However, the positive divergence on the 5 min chart persists, there may be more upside coming. The longer term charts are still solidly bearish so this may be of some use in entering short positions at better pricing with less risk as they are closer to natural stop out levels.

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