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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: Joseph Silent who wrote (8702)8/28/2012 11:41:39 AM
From: Joseph Silent  Read Replies (2) of 38507
 
This is the same (daily) chart I posted a couple of weeks ago .................

but now updated. You'll see that the dashed-white guiding line which was our support has now become our resistance. We need to get past it. This line may not look like much but it is a key diagonal.

I'd like to think that we are headed for a touch of the dashed-maroon line.

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