Monday, December 17, 2007

A Break-Down instead, on the HSI - Leg 1 of Back Door Bull Break

My HSI TREND Chart above...
The Break-Down from the Falling Wedge Chart Pattern has resulted in a deeper Leg 1 of Back Door Bull Break. Almost 1700 points have been lost in the last 3 days of trading. With the SWING Chart deep into oversold territory, do expect a puill back of sorts, in the next couple of days, for PRICE to head back up to challenge last PRIME Resistance, and to give us Leg 2 of Bull Break.

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