Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators.
Posted information is for educational purposes only and not a recommendation to buy or sell any stock. This site is dedicated to the study of technical analysis.
Wednesday, 22 August 2007
Stalled
No changes in the analysis this morning as we continue to fight resistance at the 1447 level. The negative reversal in the RSI mentioned yesterday was not negated by the small close upwards and remains in play.
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