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frtaylor- yes the market reversed down after the S&P 500 perfectly filled the gap target, most things pulled back, so only logical that ERX would as well
one thing to watch is an uptrend line on that chart to see if it finds support there
Nice bounce off that trendline so far. Too a long there but neg div on the MACD has me concerned.
Yeah I am definitely watching that trendline.
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frtaylor- yes the market reversed
ERX 15 min
Posted by matt on 25th of Aug 2011 at 10:00 am
frtaylor- yes the market reversed down after the S&P 500 perfectly filled the gap target, most things pulled back, so only logical that ERX would as well
one thing to watch is an uptrend line on that chart to see if it finds support there
Nice bounce off that trendline
Posted by pebs on 25th of Aug 2011 at 10:15 am
Nice bounce off that trendline so far. Too a long there but neg div on the MACD has me concerned.
Yeah I am definitely watching
Posted by frtaylor on 25th of Aug 2011 at 10:01 am
Yeah I am definitely watching that trendline.