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Daily Bear flag on CBE, Could still be play the short right now
please advise
CBE broke down out of that bear flag/channel and is now testing it's 50 day MA - volume is heavy on the selling.
Key short term resistance level on the SPX is 1023.13.
looks like it, especially if you get a light volume bounce
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Steve or Matt, Bear flag on CBE
Posted by johnc4b13 on 31st of Aug 2009 at 01:59 pm
Daily Bear flag on CBE, Could still be play the short right now
please advise
CBE broke down out of
Posted by steve on 31st of Aug 2009 at 02:07 pm
CBE broke down out of that bear flag/channel and is now testing it's 50 day MA - volume is heavy on the selling.
Key short term resistance level on the SPX is 1023.13.
looks like it, especially if
Posted by matt on 31st of Aug 2009 at 02:07 pm
looks like it, especially if you get a light volume bounce