|
PureBytes Links
Trading Reference Links
|
Harami pattern yesterday on Dec. Corn Contract, a non-major reveral formation in japanese candlestick charting. In the meantime, the trendline (support level) starting from the lows at the beginning of november and january still holds... Unchanged sar (246.25) and technical levels (resistence: 245, support: 232 and than 230), even if Mr Ratchford correctly stated how a prolongued downward moves like those on corn need a consolidation phases before starting to rise. Or, alternatively, we could assist to a first up-move, followed by a steady correction, and then the definitive uptrend. But it's still early...
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Gaetano Arnaldo Evangelista - BARI (Italy) E-mail: ageitaly@xxxxxx URL: http://www.geocities.com/wallstreet/8492 %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
|