Thursday, January 17, 2008

HSI SWING Chart: Finally, A Break Down From Consolidation

My HSI SWING Chart above...
With the break down in PRICE, do expect a "relief" rally of sorts, from the oversold position the market is in. Afterall, PRICE needs to head back up to challenge last PRIME Resistance at 28424, to establish a PRIME Lower High, and then back down to challenge PRIME Support. As always:
" PRICE will continue to head in the direction it is going, until it fails "

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