AI
Tuesday, January 03, 2012 1:29:59 PM
Top of the 'Bowtie'?
Was looking at the volatility to continue and a retest of the top of the Bowtie as resistance. Have we seen it today?
The bottom was a slight dip below so wondering if the top resistance will be slightly lower also?
Fed FOMC at 2pm might offer some influence in the afternoon to upside if there is nothing negative coming out.
Anticipation is that today or tomorrow we go back to Sell at Resistance, we shall see.
Was looking at the volatility to continue and a retest of the top of the Bowtie as resistance. Have we seen it today?
The bottom was a slight dip below so wondering if the top resistance will be slightly lower also?
Fed FOMC at 2pm might offer some influence in the afternoon to upside if there is nothing negative coming out.
Anticipation is that today or tomorrow we go back to Sell at Resistance, we shall see.
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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