Wednesday, 13 January 2010

YM yesterday Part 2


If you look at the attached chart, can you all see how we had a low on the YM that not only unfolded at DP support, but was also a 5-wave decline that made the low at the minimum Wave 5 WPT..... And all of this on a high volume (VSA) spike.

This was a good pattern, and one that set the trend to up for the rest of the day...............

Thanks, Steve
Posted by Steve Griffiths at 10:14