Oct 15, 2014


Here is a close look with the 10min chart - simple technical analysis.
Yesterday action was not an impulse the price could not move above MA50 and could not hold above resistance.
If you are a bull you want to see the price above 1884 last minor high(gap if possible) and start a strong impulse moving above MA50, resistance 1890 and staying above this level.
If you are a bear you want to see the price continue drifting lower... negating possible double bottom.

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