Tuesday 10 April 2012

11am Update

Watch the 50 day MA

sp'daily


The 50day MA is at 1372/73...that looks set to be floor.

A break under 1371...arguably opens the door to 1365.
-

The 60min cycle remains massively oversold, but it can stay that way of course.

So...lets see if we bounce off the 50MA.