Wednesday, August 8, 2007

SIMSCI: Leg 1 of Back Door Bear Break on TREND Chart

Reverse in the TREND, perhaps (We need 3 full Legs)? We had a PRIME Higher Low achieved at the close of yesterday's session and this morning's gap up created Leg 1 of Back Door Bear Break (Higher High), on the TREND Chart. Hopefully, this will help stocks to recover, in the next few weeks to come.

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