3700 looks important
by, 28th-May-2009 at 01:33 PM (2338 Views)
Looks like we're about to test this level again, and I actually hope that we break through and shake out some tired hands and day traders, to set the foundations for the next leg up.
Target from the H&S breakdown here is 3500, which is also some horizontal support. It would be pretty bullish if we hold that level and bounce, but some are calling another low.
Whatever happens, going to be another opportunity to put granny's kidneys on the line.
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