Thursday, March 24, 2011

Is this the top?

March 24th, 2011

This is the area to watch for the bullish pattern failure. We have timing today into Saturday for a top. Timing is tricky but when price levels like this fall on timing points the move can be explosive.

We are right at a very important price decision point.

Our outlook from last night was early morning strength then a reversal back down so we would be careful on long trades.

There is one more number higher on the TF and that is 824. If we break higher watch for the 824 to have big resistance.

Happy Trading,
www.eMiniSchool.com

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