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Re: TREND1 post# 1347

Thursday, 07/05/2012 4:22:00 PM

Thursday, July 05, 2012 4:22:00 PM

Post# of 5682
Many looking for 1406. But, Before it gets there at all, resistance at 1375 needs to be broken, which hasn't happened yet! In order to be able to do that I think a retreat to mid 1350s is in order first (kinda refresh and regroup zone)

What "worries" me though is that "everybody" is calling for the 1400s as a top... May well happen, but often the market never does what everybody thinks it will do; rather the opposite IMHO...
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