Wednesday, September 23, 2009

Intraday update 2 and wrap up

As expected the Fed announcement unleashed a rally but as the whole structure was damaged it couldn't sustain prices and reversed to the originall (bearish ) path to hit the defined target. The only question now is if the down-volume will join the move. Probably this time it will



Regarding a bigger time frame the setups we were watching continues to develop as expected.