short term trade diary friday 10th july, page-31

Great work Ange, pats on back for you. Excellent idea.

I'd like to play devil's avocado on IMD, I checked the chart and it has been looking good but there is a resistance line coming into play from May 2008 and the last two rallies have bounced down off it.

I hope I'm wrong, but thought I'd just post the chart in case. Also note that there is a resistance line at 0.73 from Nov last year that is conspiring against a rally...sorry, I didn't draw it in before uploading the image!



GL with IMD, I hope it breaks these pesky resistance zones.

A.