“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Monday 31 March 2014

31 Mar 2014

Sorry for the late post...

End of the month bar did not confirm a solid reversal pattern due to its continuing positive bar.  We do have an indecision bar but it could go either way.  Last weeks analysis of a higher high is looking good so far.  The uptrend was confirmed today by our ST which also turned up.  There is a sq. angle that is holding prices to shoot for higher highs, so for now we will see if it can breakout of that as well.

MT: DOWN
ST: UP
PA: UP

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