Monday, August 31, 2009

Just a quick note

Opening gap right at support. Gap is not large enough to qualify for a stepping day so we may get a full fill here. Most likly is a 50%-70% fill and trend lower from there.

Other scenario is a sell off towards last weeks low and find support there. Lower volume this week and monthly close. Remember what I said last week - a monthly close anywhere from 990-1100 brings us a nice monthly doji - big range to come.

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