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

PAYPAL

Monday, 9 June 2014

9 June 2014

We are now approaching the upper trend line that has proven to be a resistance line twice during May 2013 and Dec 2013.  A substantial pull back in both instances have proven to be impulsive but brief lasting at least a month long.  Todays move up and pull back does not alleviate the overbought or the sentiments of the ST.

MT: UP
ST: UP
PA: UP


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