Wednesday, October 14, 2009

The big picture...

My big picture...Basically we will close below the upper trendline on the weekly this week. Spiking above it on the daily this week as we make a blow off top. With all these squeezes in the futures market causing gap ups in the morning, I suspect when we gap down we will form an island top.
Less than pixels from crossing...

Well I had said to someone that if we break the support line we will be making a trip to the lower BB...I just didn't expect us to make that trip in 1 day...and make the trip back up on the same day!

Still predicting down by Friday...

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