Tuesday, June 29, 2010

Update

It's way too early to say, I have to admit the size of the gap may is big and this may not be the best time to update a it may be effecting my analysis as we're still somewhat blind. The 5 min is moving down, which is expected, it's not in a negative stance yet, but could be. It looks like a very short term bounce is brewing. The trend could continue down after that, this is why I want to wait until late a.m. to decide with more clarity. But you may want to take advantage of any short term move up to reposition anything you may want to.

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