Tuesday 23 October 2012

1pm update - baby bounce underway

We're seeing a very natural bounce from 1407, upside target this afternoon is 1420/22 A move over 1425 seems impossible after this mornings action.


sp'15min rainbow


Summary

Seeking a re-short in the 1420/22 range..perhaps this next hour.

Targeting a test of the 1397 low in the next day or two. If that fails to hold..then sp'1325 is viable within days.

back at 2pm, or whenever I start hitting buttons ;)