Saturday, March 29, 2008

ICE Update for 03.29.2008


Monthly chart shows short term support holding off the $111 level. Thus far, this month's trading activity is resulting in a doji, signaling indecision between the bulls and the bears.

Weekly chart shows consolidation range since the January low was made.

Daily chart shows abc 3 wave corrective pattern in place. Look for another test of the low and eventually lower.

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