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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (1182)7/1/2008 4:05:02 PM
From: AllansAlias  Respond to of 3209
 
SI hosed. See next msg.



To: Galirayo who wrote (1182)7/1/2008 4:05:37 PM
From: AllansAlias  Read Replies (1) | Respond to of 3209
 
In my humble, but strong, opinion, ain't no MA at work there at all. It found support here, at that putative neckline -- $XMI weekly:



From June 28:



The neckline it bounced at today is from full candles -- not from closing prices.

Note of course, the price action since June 28 is not shown in above chart.