Wednesday, February 3, 2010

Sub-Ten Ton Days?

Euro on the Hourly Chart looks like a failure Swing on its way. See Marked area. It broke out from the top trend line, could not sustain. It has now entered into the pattern.

 

If It cuts the Bottom trend line and later the Lowest low, we might see DOW going below the sentimental 10000.

 

Will It? To night we will see.

 

Interesting price action.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES