Tuesday, January 3, 2012

Hold The Line

Below is that chart with the same trendlines that I drew several months ago. As you can see, every reference point is serving as significant points with which to watch closely and trade around possibly. As shown, we broke though the downtrend line from the yearly highs at 1365 area, and our next point of reference is the trendline from the July 2010 lows which hits 1330 zone( I circled it). Good luck, be nimble and have a great day

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