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Replies to #38085 on lowtrade

Letswent

06/10/13 7:31 PM

#38086 RE: geosp724 #38085

JMI It's had it's bottom bounce and do not expect more upside movement anytime soon. Has no momentum. Judgeing by the average volume before decline,it will be down for a while.The only indicator that could be a glimmer of hope is the high ADX which signals a strong is possibly coming,if a strong comes,in my oponion it is more likely to be down and not up. I don't see one thing in the chart that says :buy me". GL

Letswent

06/10/13 7:35 PM

#38087 RE: geosp724 #38085

JMI In previous post I meant to say "possible strong move coming".

lowtrade

06/10/13 8:37 PM

#38089 RE: geosp724 #38085

I wouldn't touch it.