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Re: Matt_Chart post# 37025

Thursday, 12/09/2010 2:43:04 PM

Thursday, December 09, 2010 2:43:04 PM

Post# of 66758
SAEI Annotated Chart
We Now have 3 connecting high points and can see a clear downtrend line. MACD still pointing down but the big volume spike at .36 may have set in a bottom. This could also still fill the remainder of the gap to .32 area. If we Retest .36 and hold then we should break downtrend line.

The breaking of the downtrend line should reverse this back up to test .67 resistance.