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Re: pennies2007 post# 120203

Thursday, 07/18/2013 8:24:01 AM

Thursday, July 18, 2013 8:24:01 AM

Post# of 140146
Good morning pennies. I would be carefull with a long A/U. I set it up using my long term trading system. Not telling me much other than it is pretty badly oversold long term, but can still drop more.

15M A/U using ST looks like it could go either way. But look back to yesterday's 15m chart and you will see a head & shoulders formation.

I am looking more at the U/J this morning for scalping. But not certian yet.
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