Yes, he drew his grid upside down. (At least how I would perceive that price action to still be in a downtrend.) If that top fails to hold price action down and it makes a higher high then I would draw my grid as he did.
And just a small point here... today in the FOMC rate decision at 2:15EST today. Stay out of the sandbox until after the rate decision if you can. Markets could get rattled!
Last edited by daedalus; 01-30-2008 at 12:23 PM.
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