Technicals always should be taken into consideration, though is not necessary for long term aside from the basic principles of it. Due to my expectation of fnma long term, ALL of my posts should be assumed (unless stated otherwise) to be of a short term basis. (I.e. minutes, hours, or days)
The analysis I proposed is expected to impact the first few hours on monday, and possibly the day if it closes under roughly $4.00. (Proving a continuation of the short term daily descending triangle - which has been occurring noticeably since the last time we touched $4.10.
Be well,
-zargis
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