Wednesday, May 7, 2008

EURO Futures SWING Chart: 3 Leg Bull Break Has Just Occurred.

My EURO Futures SWING Chart above...PRICE just made a PRIME Lower Low (last Fri's Low was $1.5329 and PRICE is currently at $1.5311), effectively creating 3 Legs of the Bull Break, changing it into a BEAR TREND.However, on a POSITION Chart basis, the EURO is still on an uptrend and the current down move is merely for PRICE to head back down to challenge last PRIME Support, created in Dec 2008.

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