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The Market Trader Tao
NeboXian's Day trading journal
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Tuesday, October 6, 2009

Trend Break and Backtest 10-06-09

This a beautiful sight to a bear.

Trend break and a Back Test to the bottom of the lower trend line.

2nd chart is the probable price action
we could see over the next few days.

Am action is key ... All indicators are mixed to flat so we will follow the opening mojo....

This could also be a Bull Flag....so if we get a break to the up side st the open then we could see a big move . ...play safe.

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