snippets - 30/10/09, page-30

hi redbacka

i'm also a little perplexed about my next move. like you, i think the spx daily suggests a bounce. as does the 30/60. 4hr chart says otherwise.

however, the daily also suggests that price may be constrained within a narrowing band of support/resistance for perhaps another day or two before a major move.

but heck....i haven't traded in ages.....what do i know.