Thursday, July 26, 2012

GU 26 July - intra day lower high

Yesterday closed with a doji, again showing the support at this level. The intra day lower high did provide an opportunity to sell as per the trade in previous post below. D, 4hr and 1hr RSI's all below their 50 levels.

For today, the 1hr lower high lower low flow is still in tact for downtrend but a lot less convincing than previously.


A buy or sell day due to the indecision, main bias still down.

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