Charts 1-18-09


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  • koolblue
  • 18-Jan-2009 at 9:37 AM
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As noted in charts 1-17-09, im expecting higher prices then a decline into the end of the week, but here is what ill be watching for sun.nite -mon.'s abreviated session.... fwiw.

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  • koolblue
  • 18-Jan-2009 at 9:40 AM
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note ,an 'overshoot' ,lets say to 858 or so before a pullback would indicate strenghth and possibly lend credence to the 883-4 area being achieved later imho. the opposite for not achieving the proj minimum at all, tho this would be very rare!
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  • koolblue
  • 18-Jan-2009 at 9:43 AM
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if by some possibility were going straight down from here(which i doubt, but anythings possible!) then the candle at the current high; 851.50 low 843.50= proj of 830.50 , tells you what to expect!
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  • koolblue
  • 18-Jan-2009 at 10:08 AM
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