the A50 which has been in long term down trend reached a previous support level of 8250 a bit over a week ago, now appears to have reversed into a short term uptrend......
of the two small shorts that I had taken out at an average of 8750 I have closed one out at 4% loss, while the other is still in play - for the moment ...........
if the price level continued on up to the top of the long term downward trending trading band at 8700 that would mean a 10% loss ........ hmm - maybe i'll unload the other also......
