Weekly : Seem to be spending an awfully long time within 303/325 trading band (since Jul09). Storing up plenty of potential energy for an eventual strong move outside of the band.- Monthly : Downtrend; retraced almost 50% now since Mar09.
- As per Nikkei, am running a tiny short in anticipation of downside potential realization. Key chart-point = 303 break.
- But prepared to go long in case of upside break too, closing basis.
14 October 2009
Simsci : 303/325 Coiled Spring
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