A place for all traders and investors of Futures Markets.
Friday, October 16, 2009
20091016 1615 DBE Weekly Chart Study. Critical 0.40 level.
At last look, DBE surged wildly up 80.95% at the current moment with significant volume changed hand. Looking at the weekly chart, all indicator shows bullish signal with some really serious drastic move. Question now is, will this be a one day wonder or will this move sustainable in the coming future. The 0.40 will be a crucial resistant level for DBE. Should price managed to break up and stay above 0.40, it will be likely to climb toward the 0.60 target level. Keep your radar turned on for DBE but should you go in, better not greedy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment