Follow the Path of the Enlightened Ones

Follow the Path of the Enlightened Ones

Tuesday, 4 February 2014

Final Update - Wednesday 5th February

OK so final update for the day.
The price has been consolidating and has been messing around between the PP and the red/blue crossover.

At this point there's resistance to the north and a support line to the south.

Quite frankly, it could go either way. If the support line is breached all bets are off.
On the other hand, if by some miracle the price can make its way back above all the averages there could be a buy opportunity for later.

For me, it's past office hours and I've more interesting things to be getting on with.

If I were forced to take a trade I'd still only be interested in an upward situation, and wouldn't bother with the southside potential set-up.
Above 9.885 is what I would be waiting for.

Have a good day

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