Tuesday, April 28, 2009

SIDEWAYS

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Month of April has consisted of sideways action, so is this digestion of rally or inability to move above Resistance zones and trading area is about to give way?
I think I can safely saythis is bear market rally, what I cannot say 100% is that it is done. But I do have some parameters set up that should tell us soon enough.
FED rah rah meeting is usually bullish to non commital, when done true trend will resume.
D

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