Ionlythrowtheabovecharthere.Itdoesn'tmeanmarketwillmovelikeIplanned(notuntilS&Pbreakstheneckof1340).S&PseemsforminganotherinverseH/Spatternhere.Itisondailychart,sonotasreliableasonweeklychart.Dropunder1295willmeansuchinterpretationiswrong.Almostallothermajorindexarearoundsupportlevel.TAindicatorsareinoversoldcondition.Iamnotsayingthatweareoutofwood,buthereistheplacetotakeachance(low...[
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SLW(4/5/2011):Watchforpossiblebreakouttomorrow.Volumeisimportant.
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