Wednesday 15 August 2012

3pm update - the exciting closing hour....if only

Sideways chop into the close, simply...nothing is going on. There is certainly potencial for further melt up, if sp' can break 1410, it could take a fair few stops out.


dow'60min


Summary

The 60min cycle has reset to a large extent...and now able to proceed up into tomorrow. Not that anyone is buying of course.
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I guess we'll close largely flat..to complete day'8 in this tight range.