Showing posts with label Yanlord 100204 315 pm hourly chart. Show all posts
Showing posts with label Yanlord 100204 315 pm hourly chart. Show all posts

Thursday, February 4, 2010

Yanlord Storm Clouds



Unable to clear the Ichimoku kumo storm clouds on 2nd and 3rd Feb 2010 as shown on the hourly chart. Storm ahead as the 1.68 and 1.65 immediate support is being tested now. If a hole is punched through this support zone expect Yanlord to sink towards the green support line and further weakness may plummet price to test the lower support of the red channel.

Any upside is being shorted by lightning from the hovering storm clouds and only a flight above this zone will bring the much needed relief and bright sunshine.

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