Wednesday, May 22, 2013 7:40:37 AM
BZ still possible but less likely on this drive.
Price reacted to the + divergence in the histogram by moving up
from 15350 (a 2B dragon reversal).
And a new HH and HL has been established since then, so the short term trend is up...
Looking further out, if 15385 holds as resistance then the potential exists for continuation
of the longer term trend down, a measured move to ~15310.
Price reacted to the + divergence in the histogram by moving up
from 15350 (a 2B dragon reversal).
And a new HH and HL has been established since then, so the short term trend is up...
Looking further out, if 15385 holds as resistance then the potential exists for continuation
of the longer term trend down, a measured move to ~15310.
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