Thursday, June 24, 2010

6-24-10: Thursday -- Downtrend Continues: On Snapper Watch.






Today was a excellent trading day should the astute trader identifiy early going that reference areas of both TIME and PRICE were in play.

Most notiably today I've highlighted that classic reversal times and S2 were in play.

Despite the downtrend, today like yesterday, felt a bit tired on the downside. Dull downside action is always suspect.

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