Tuesday, 11 September 2012

10am update - need a break over 1435

A somewhat mixed open, nothing much either way, but if we can break back over the hourly 10MA of 1435, then we should have a chance of 1440s by late afternoon.


sp'60min



sp'daily5


Summary

I'm focused on the MACD cycle, looking for at least 4-6 hours up, but it could be considerably more.

Until we're in the low 1440s, no point shorting..yet.
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stay tuned !