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

PAYPAL

Wednesday, 25 February 2015

25 Feb 2015 - Nice EOD Move

Nice break of the wedge pattern near the end of day.  We should expect a move lower and see if there is a sustainable move on a larger scale.  A move back above the OB range by the intra-day charts will null and void the correction we are expecting.  The negative divergence still exists for the intra-day chart.  So watch for the 2090 level.

MT: UP
ST: UP
PA: NA

No comments:

Post a Comment