Wednesday, May 09, 2007
Leg 2 of Bull Break Currently in Progress
Looking at my trades last night, it was clear that my SHORTs were going nowhere - This was because the TREND Chart was pointing up. Oscillation challenges on the Trading Chart was rather "iffy" and that created the "chop" that I was caught in. Going into the close, Leg 2 of Bull Break may be ending soon - There is already a breach of last PRIME Support of 1511.00 on the Trading Chart - And TREND Chart has turned down.