Wednesday, February 16, 2011

The Tip Of My Tongue Stings

CAC: CAC

Under the effect of banking, ACC accelerates the pace, breaking with its slow and jerky in place for almost a month.

3 new technical elements appear:

1) The last retracement on 4085 was more conventional (50%) and shallower than previous ones.
2) a gap opens daily : one can question his continuation character gap after the break observed on January 12.
3) obliquely upward is overwhelmed.

can therefore set a target next CT 4175 (Fibo extension) before pull-back on the oblique, which should be transformed into support.



CONCLUSION:
Conviction further strengthened an ACC in May 4500 following the good graphics signals issued by banks French. Neutral current position, looking for a point on the long decline to accompany the movement.

0 comments:

Post a Comment