Not really, support is the 50 day MA, and today it pulled back
off resistance from the 200 day MA which is logical. so far
it's noise until either support or resistance is broken
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Matt, Care to comment on the
XHB home builders, nice base
Posted by jambo1 on 3rd of Nov 2010 at 02:26 pm
Matt,
Care to comment on the beast that is IYR ? Does it look bear wedgeish on a daily to you?
Not really, support is the
Posted by matt on 3rd of Nov 2010 at 02:28 pm
Not really, support is the 50 day MA, and today it pulled back off resistance from the 200 day MA which is logical. so far it's noise until either support or resistance is broken