Thursday, July 19, 2012

7/19/12 mid-day update


Price has found support at the 24Hr MA and, while a higher session low is needed to confirm, I believe that a 24Hr low was made on this support.  This means that we are still on the upside of the multi-day cycle and will likely trade higher throughout the day and make a higher 24Hr high sometime overnight or early tomorrow.  

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