Friday, April 13, 2007

PRICE Is Still Heading Up

09:32pm PRICE is still heading up, as it cleared last PRIME Resistance of 1459.00. But with last night's low of 1442.25 being closed to 18 pts away from today's Globex high of 1459.75, I would treat LONGs with caution. TREND has not changed, but one can never be too careful to watch PRICE movements with an eagle eye.09:40pm SHORT 1456.50 / STOP 1457.50 - Minor PPF, with TREND Chart turning down.

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