We really had a good trending day last night. However, it only started at 1.00am (Singapore Time). Didn't post yesterday as I seemed to have some problems with the blogger set-up. Usually, posting is done non-html but yesterday (and even as I type this), Bolding & italics of words have html shown while I type...kinda strange & it was something which I wasn't used to.
Anyway, we saw Leg 3 of Bull Break yesterday & with that, we have completed all 3 Legs. Going into the close, we saw a Minor Confirmation of a bottom, but no PRIME Confirmation as yet. So, expect to have Lower PRIME Highs & Lower PRIME Lows until we see a change in direction of PRICE.
Leg 1 of Bull Break - 1446.75 (lower low, compared to last PRIME Support - 1447.50)
Leg 2 of Bull Break - 1456.75 (lower high, compared to last PRIME Resistance - 1457.75)
Leg 3 of Bull Break - 1437.25 (lower low, compared to end of Leg 2 PRIME Support at 1456.75 - End of Leg 3 yet to be confirmed)
Saturday, February 10, 2007
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