Financials are right beneath the 200 SMA and keep hitting the lower side the uptrend channel. To me it's just the consolidation phase, if financial break the the lower side the channel it would be very ugly.200 EMA & SMA are key levels to watch.
Tuesday, June 9, 2009
Financial Right Beneath 200 SMA
Financials are right beneath the 200 SMA and keep hitting the lower side the uptrend channel. To me it's just the consolidation phase, if financial break the the lower side the channel it would be very ugly.200 EMA & SMA are key levels to watch.
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