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Hello
the max down potential is 15 oex points for now,
we are closer to the bottom
the attach is the oex weekly bars on the long term trading,(a tool
to determine when to close a short position in a 2-4 month time
frame)
as you can see in the last whole year we have NEVER wisited
under the center m/a, since the bands are widenning, volatility is
increasing, and stops must be
away from price if you are still short,
I susspect they will fool us monday and break the fri low before
closing up,
this up move is still susspect as we broke major trend lines,
Ben
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Attachment:
oexweeklgif1.gif
Attachment:
Description: "Description: GIF image"
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