Thursday, August 11, 2011

Tick Data

As I explained, the Inverse H&S is too obvious, there has to be some head fake and a failure of the pattern should get technical traders to take the other side of the trade, that would set up a more bullish outcome n my view and the TIK hart's data is right on time...
Uptrend n TICK is broken, we should see an EOD pullback, likely back down through the breakout level, I still remain short term bullish, but the game must be played.

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