DEC11:Inverted Head and Shoulders. If the Support above 204 can be maintained and enough buyers show up this recent drop can be recovered to the 208 level. It would be a good excuse to call it the Santa Claus Rally. Besides there is enough room between the 203 and 208 trading range. I used the 60 M chart
This is not a long term position, since we are at the last trading month of the year and after Christmas the market has given some after party surprises. Honor your stops.
This is not a long term position, since we are at the last trading month of the year and after Christmas the market has given some after party surprises. Honor your stops.
