Posted by junkmaylbox on 20th of Mar 2009 at 11:14 am
One more observation. On the
XLFchart the descending upper trend line, that contained the
channel in which XLF used to be placed and broke out of, comes at
around 7.50sh (or MA(20)). That would be a likely place of strong
resistance and a possible reversal.
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One more observation. On the
matt can you please post when we should take profits ...
Posted by junkmaylbox on 20th of Mar 2009 at 11:14 am
One more observation. On the XLFchart the descending upper trend line, that contained the channel in which XLF used to be placed and broke out of, comes at around 7.50sh (or MA(20)). That would be a likely place of strong resistance and a possible reversal.