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Replies to post #1770 on Chelsea Oil and Gas Ltd. (fka COGLF)
Belek
10/20/15 8:00 PM
#1771 RE: investorpaul #1770
The S&P tagged declining resistance in what has so far played as a picture perfect test of resistance. Technicals are in favour of bulls, but a decline from here would attract new shorts......Markets are in need of some direction. Recent action suggests a tiring of the respectable rally, but this pause may be the kicker to break past resistance and set markets on to challenge 2015 highs