Market Status is Short term bullish. If you look at the weekly scale the effect of the Bearish Engulfing occurred earlier has not yet nullified. I would look for a weekly close above 6020-70 for the weekly chart to go back to bullish mode.
Sunday, December 26, 2010
Market Status
Market Status is Short term bullish. If you look at the weekly scale the effect of the Bearish Engulfing occurred earlier has not yet nullified. I would look for a weekly close above 6020-70 for the weekly chart to go back to bullish mode.
