Saturday, February 9, 2008

Sat 2/9/2008 12:29am

goog the 3rd largest postition in the chiu index closed the week with a 1-0 sell sequential count and during the past week, tested last august's low.
whether this is the start of something countertrend to the unrelenting move from 716 (12/27/2007) to that 488.52 low reached (2/5/2008) is the main question. resolution to this will require moves pass fibo cycles at 23.6% or 542.21, 38.2% or 575.42 and 50% or 602.26.

No comments:

Post a Comment