Friday, December 17, 2010

A DOUBLE BOTTOM OR A TRIANGLE ?

I THINK LAST THURSDAYS MOVE HAVE AGAIN PERHAPS SHIFTED THE BALANCE A LITTLE BIT TOWARDS BULLS AND TOWARDS THE POSSIBILITY OF A DOUBLE  BOTTOM BUT STILL THE LEVELS OF 20056 AND 6028 REMAINS THE  PATTERN COMPLETION LEVELS .
AND there may be a  TRIANGULAR DEVELOPMENT ON INTRADAY CHARTS.
BUT BY TUESDAY THE PICTURE SHOULD BE CLEARER.

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