stalemate, page-3

goldmick ; re meo yes i bet u r! Sit back and try and work out why you didn't follow their advice. Obviously there was a reason for it...


Re NCM sorry to go against the bull sentiment but I am short NCM.. It looks very weak to me...

That of course is today..It all may change tomorrow

Many are watching that lower support around 39

NCM has also completed a very reliable broadening top reversal patter with a partial rise....

Professional traders won't go long here. There would have to be a high volume event most likely at the upper trendline...

4050 is the line in the sand

its made at least 7 attempts to hold above that since sept....
At the very least it will retest that lower horizontal support around 39.

The clincher will be any gaps down over that support especially on high vol.

If you are long u best get out if that happens.....

If u r looking to go short then it's the signal or if you are already short like me you can add to your positon.


Conversely any move above the last high is a definite signal to go long or cover your short....


Sorry but I play both sides

cheers