The fact that TNH hasn't completely shit the shower is probably a good sign of strength in the long run but it's starting to look 'toppy' and I will be looking for a break below support in the near term. TNH is by no means unscathed, as it's down from a high of 171 but if support gives way, I would expect even more downside. And do not fear...those Halloween colored support lines did not spookily appear...I drew them for you.
(click chart to enlarge)
No comments:
Post a Comment