Thursday 26 July 2012

2pm update - intra-day double top..again?

Yesterday we saw a very clear intra-day double top, which of course did indeed get confirmed as we rolled lower into the close.

Lets see if they can crawl it higher to 1361/62 again..and then fail.


sp'15min, rainbow.


Summary

Merely...waiting...which seems to be the case most days.

If we close over 1362/63, I'd be pretty disappointed. As it is, 1350 seems out of range for the bears.
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*FB/ AMZN earnings at the close.