Jumat, 18 Desember 2009

Day Trade - Potash Corp./Saskatchewan (USA) (Public, NYSE:POT)

$USD vs. Gold still in play; SPX remains range bound. Watch as the greenback and gold approach for a kiss. Will they reverse or will they cross?


A failed setup in POT followed by a long, very tight, narrow range chop finally succumbed to weakness in the last hour after failing to take out the downsloping 20 EMA. The shooting star is the tell.

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