Mong: I am using the 60 min chart....yesterday's low bounced off a strong trend line and was also close to the top of wave 4 down and the bottom of wave four up.....STMTS mentioned that wave four's were strong resistance but once broken were equally as strong support.....Take a look at the 60 min chart.....it's more fine tuned than the daily but not as noisy as the intraday:-)
I posted one up yesterday in the other thread...
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