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pennies2007

02/10/13 11:06 AM

#113581 RE: estimator #113578

Agreed. The EMA169 on the 4 hour quad tunnel is sitting right near 1.59 so I would expect selling to resume once that level is tested.
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pennies2007

02/10/13 11:10 AM

#113582 RE: estimator #113578

GU Daily Chart

Even though some near term weakness is likely expected on GU, at some point it needs to come back up and retest that broken trendline just as it did before.