The Bonddad Blog
Still nerdy after all these years
Tuesday, February 16, 2010
A.) Prices have been in a downward trajectory for the last ~month
B.) Prices tried to rally, but found upside resistance at the 10 day EMA.
C.) Prices again tried to rally, but found resistance at the 10 day EMA.
D.) Today, prices broke through the 10 and 20 day EMA and found resistance at the 50 day EMA.