Ford Motor Company (F)

[frankie_fillet]

I think we will see some short term ups and downs but if you look at the 6 month chart you will see a triple top with lower highs...

I am thinking that tomorrow baring the market having a good day this could hit the 12.40 mark. Right now on the daily chart it is due for the afternoon creep back up. But I am not scalping it. I am just happy to watch and catch it on the way down. The long chart I use is set to weekly. So it is like a super tanker when it turns... i don't have to worry about speed getting in and out.

the 6 month chart works those weekly candles... so I use the 26 foot walk around to maneuver those waves... and when I decide to use the daily chart...well that is a surfboard for sure.