Review of last night's trades. We did get a PRIME PPF of Support last night with matched PRICEs at 1432.75 at 11:04pm & 11:05pm. The next PRIME challenge of Support was rather "deep" at 1433.00 at 01:37am. All in all, we had Higher Prime Highs & Higher Prime Lows on the Trading Chart. But going into the close, we experienced some consolidation.
But with the Long Term Chart turning up, we could possibly see a bullish week ahead, with PRICEs heading back up to challenge last Oscillation Resistance at 1444.50 on the Longer Term Chart. PRICE must of course, result in a Higher High.
However, I am always of the view that, as in life, nothing is certain (Except Death & Taxes, of course, LOL), especially in trading. Always expect the unexpected.
I will try to find some time over the weekend, to post some new links to some fun games...remember to pop by again.
Have a great weekend!
Saturday, January 20, 2007
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