Tuesday, March 9, 2010

Quick update

I believe themovement since 2 am today is very corrective. I expect the short to resume without much more retrace in the long direction. I would expect 1.5030 would be the limit of the move up. From there the short should resume. At the moment the correction looks like a flat or may morph into a double three correction. I will post a count when it is over. I am still lookigfor it to mvoe below 1.4780 at a minimum.

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