30 mn YM chart, clearly defining the new downtrend channel. with resistance around 10540 and support at 10430 and 10422. With equity pc ratio at .50, seems everyone bought the dip today thinking that was it. I don't think it is, but we shall see what the charts tell us tomorrow.
click on chart for full size
click on chart for full size
This entry was posted
on Monday, June 06, 2005 at 4:11 PM.
