Thursday, January 13, 2011

jan 13 - prep

- as stated yesterday the important reference for today is pullback low@1279.00; acceptance above/below this price could give the direction for the day, the validity of the yesterday breakout
- ON inventory being kind of neutral, and within initial S formed by the pullback low and the spike low
- I will apply the spike tactics and use the pullback low as a guide line for the day
- above I have the ONH@1284.50
- below I'll be aware of the gap, which should offer S, or it will be filled and the previous BAH would be S

No comments:

Post a Comment