tuesday trading, page-11

FWIW

in reference to the post which i placed on Robbbbbbs thread, Thinking Aloud...

I mentioned that if the daily chart was a chart that I was scalping, then i would be watching what price did in relation to the 13 period MA... basically waiting for a pierce and retest of this 13MA...
Here's the chart snippet from that post:



I beleive we had the pierce and retest overnight,



Time will tell, but this is a positive sign for short term upside in my unhuble opinion and makes me feel positive towards continuing the long daily scalp trade up to around 3800, where the 21 MA resides.

;)