Wednesday, June 6, 2012

Full moon reversal

Looks the the full moon on Monday along with the Monthly S1 pivot point, has caught the fall so far. Many times we see a reversal buy signal around full moons. I think we could go to 1310 and fill a open gap, before retesting Mondays low in the next few days/weeks. My target is still 1250/1234 by quad opex(+/- 1 week).