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479 Posts.
3
22/05/09
09:36
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Its always hard to call AP. but it looks like it.
By my reckoning using the Fib Sequence we are still looking for a higher-low. With the close last night at 67c the fucrum is sitting at 71c.
We need to pass 71c then not drop below 67c and then on the second crossing of 71c we have a buy signal....
All dependant on 67c being the new higher-low.
Having said that - we may end up with a higher low and all the figures above need recalculating....
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