Wednesday, May 02, 2007

Leg 2 of Bull Break in Progress

Leg 1 of Bull Break ended with a PRIME confirmation of a bottom at 1:16am, Spore Time at 1483.25 & that signalled the start of Leg 2 of Bull Break. We are now heading back up to challenge last PRIME Resistance of 1505.00, on the TREND Chart.

One interesting thing to note here is that for the SWING Chart, PRICE is now in PRIME & has turned up. If we get a PRIME PPF of Support on the TREND Chart, followed by a Breach of last PRIME Resistance (not 1505.00), we may have PRICE back on the Bull track - Just keep a look out for this.

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