Friday, July 2, 2010

Market view



Well - as expected we got more downside - but I am now thinking that we get a relief rally - so we might go up for a few days and my target for that rally is around 1070 - after that little rally we should plunge back down - so I loaded up some shares yesterday for a rally to 1071 fibonacci retracement rally and channel trendline and backtest line from neckline. So I actually think we might get a nice rally up to 1070 so play it well guys - then starting to load the boat with shorts after the little relief rally

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