Apr 4, 2013

Short term update

UPDATE 05.04.2013 - nothing much to say, it worked out exactly as I draw it yesterday (the second chart). No reason to change something.... Probably short term bottom on Monday or Tuesday and rebound.
I think one more move lower is in the cards... worst case higher low but near to the previous low.

EMA50 touched at the hourly chart short at 1562 no stop..... now waiting

It looks like this to me...

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