Monday, October 13, 2008

PCA Monthly


Long term up trend has gone through mid 60 BB and reached lower 60 BB
5H weak and 5L still down
15H and 45H still down
15L and 45L down
any attempt of 15 turning up will turn back down beacause of 45 pressure

Laymen's terms - probably reached a support level here but still lots of down pressure - monthly outlook is sideways

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