Save $200 on
The Hidden Pivot Webinar.
Offer extended through Friday (9/3).
The daily chart is still being hammered with downside pressure, but the indicator is in an over extended area of the chart and it is trying to turn up. Price is currently oscillating around PO2, the 10.39 level. I seems to have found temporary support here. The target price for the move down should be 9.71. For price to move higher it would have to go through 10.94 and then the first price objective, P, at 11.88. Any upside move could run into resistance at 10.66 and 10.88. This analysis is based upon the daily chart only. Ira
Ads are by Google and do not represent the views of Rick's Picks or its affiliates.
More on this topic
(What's this?)
Weekend Reading - Psychology Drives Markets!
(TANMAY OBSERVES!, 7/30/10)
What Are The Best Types Of Farms To Invest In
(Learn Mining News, 7/26/10)
Interesting Reading for Saturday
(Red Hot Energy and Gold - Global..., 8/7/10)
Weather Trends short term US corn & soybean outlook
(Weather and Commodity Trading, 6/29/10)
Comments on this entry are closed.