Thursday, October 04, 2007
SWING Chart: PRICE Heading Down to PRIME, to Establish a Higher Low
My SWING Chart above...
With a Leg 1 of Back Door Bull Break on my TREND Chart, and coupled with the SWING Chart heading down, it looks like PRICE (on the SWING Chart) is heading down to challenge last PRIME Support, to hopefully establish a Higher Low. The Key Last PRIME Support is at 1518.75.