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Well we hit 8429 today, let us see if it holds and gives us a bounce.
Ira.
Ira Tunik wrote:
I would look for support in the 8430 to 8440 area.
Then you could get a rally in the range of 100 to 150 points. Nothing
earth shattering, but it could be a start. Ira
Gitanshu Buch wrote:
Wondering if anybody
here believes this chart looks like an inverse H&S bear trap or a simple
resumption of downtrend with new lows to follow, given the failure of MACD
at the zero line and the low ADX. Dec contract attached.
Gitanshu
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