Yes those Weekly charts clearly show the long term trend, and also looks like according to the stochastics that it is at a place where it could either head back up. Not sure yet but would be willing to take long trade set ups from here.
I have a bollinger squeeze indicator that looks like its close to the zero line, the place where its common to get a bounce. There is alway the chance that it could drop below that point.
NFP gave no real direction today so it will be up to things next week.
Last edited by droesparky; 12-07-2007 at 11:50 AM.
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