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I think I'll wait for it to break the downtrend line on the 5-minute chart. Then bite a bit.
I'm not getting overly bullish on this sector based on the BPENER - it looks a little toppy at 85.
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In the absence of Matt & Steve
ERX
Posted by sankaty on 1st of Nov 2011 at 03:48 pm
I think I'll wait for it to break the downtrend line on the 5-minute chart. Then bite a bit.
I'm not getting overly bullish
Posted by pebs on 1st of Nov 2011 at 04:00 pm
I'm not getting overly bullish on this sector based on the BPENER - it looks a little toppy at 85.