Nov 12, 2011

Weekly review / Седмичен преглед

Crazy market up and down up and down chop chop chop....

Expect more choppiness whit upward bias in November whit tradeable low around the end of November.
I do not know the exact path, my best guess is shown on the chart short living top ~1310 and support around 1220.

Closer look at the hourly chart, probably a triangle... Third scenario with low probability not shown above is the triangle broken to the downside with target between support ~1190 and measured move ~1200.

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