Monday, August 6, 2007

as pointed 2.0288 provides good support (0.618 of the move 2.0460 -- 20.181)

> so I'm long heavily at 2.0314 for a retest of the highs - first target 2.0530..

-> other details to note is the Directional Movement Indicator ready to give a Up signal as the +DI is ready to cross the -Di from below..

-> RSI (9 period) is slowly going above the center line.

-> Momentum is in its lows which might suggest a low is in place or in the making..

Let's see..

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