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...
Wednesday, October 14, 2009
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