Monday, November 20, 2006

Back Door Bull Break?

04:42pm Was very very busy over the weekend. Hardly had much time to sit in front of the PC, so there was not much work done on the blog. As stated on Saturday's morning post, keep in mind the 2 Key PRIME Supports. One on the Trading chart, and the other, on the TREND chart. Globex PRICE movements thus far have resulted in breaching 1402.25 on the Trading chart. At the same time, we are not too far away from 1398.00, on the TREND chart. If we breach 1398.00 on the TREND chart, we could possibly see a "back door" bull break.

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