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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (10522)6/17/2009 5:50:36 PM
From: Perspective  Read Replies (1) of 41495
 
Interesting action out of BKX today. A probe below support, then the support was recovered and I figured it was off to the races. However, the close took it back down below 36. The appropriate interpretation, at least for now, would seem to be a break of 36 followed by a failed backtest. The volume and the downmoves came when they count, too - 10AM hour and the final hour.

`BC
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