let me explain

so with the short term bottom in place, an oversold condition into the bottom, for a first retest, is USUALLY successful.

also, depends on what time frame is looked at... the 8/11 pre-market can be considered the first retest, on a shorter time frame..

in anycase, today's open was a low risk opportunity.

this types of chances will occur many times in the coming weeks, as the strong emotional spots do exist on the charts now.

所有跟帖： 

• MHP! -Morning3evening4- ♂ (64 bytes) () 08/19/2011 postreply 07:36:26

• no worries -noconfusion- ♂ (114 bytes) () 08/19/2011 postreply 07:46:04

• Hopefully. -Morning3evening4- ♂ (143 bytes) () 08/19/2011 postreply 08:16:53