Wednesday, November 11, 2009

Repeat???


Price action at the open was very similar to yesterday where it opened near the highs and moved strongly up. It seemed very unlikely to me that we would have two runaway days in a row so I was watchful for signs of a turn early.

The DT at 82/83 was reienforced by the 4 tick gap clearly seen on the 30T chart and the volume spike.
















News event did not produce anticipated result.

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