Friday, April 25, 2008

EURO Futures SWING Chart: A PRICE Top is Forming

My EURO Futures SWING Chart above...
PRICE has violated last PRIME Higher Low (HL - or PRIME Support), resulting in Leg 1 of Bull Break. If the resulting challenge of of PRIME Resistance (HH) results in a failure ie. a PRIME Lower High, then a top in the EURO, on my SWING Chart would be in place - It is clearly in line as PRICE on my EURO Futures Position Chart is already pointing down, to challenge last PRIME Support.

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