Thursday 28 February 2013

emini S & P,,,, double tops spells trouble

Its not really a double top but more a failure to make a higher high but the effect is the same. There is a high probability of price eventually going higher but how deep will this RT be? a .618 at 1499 is possible but we could hold a 1510 which is also possible short term. GBPUSD is sill set for a breakout perhaps?

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