|
Houston,Tx | 1234,
re: HO
sorry - i was attempting to communicate that the weak longs were taken out of mkt on the 2011 test on relatively good capitulation volume - some strong buying or whale buying did occur.
it could be an area to "test" the LONG side - lightly - the range or ledge forming on 30-60 min charts would need to hold up as support.
so, too early to tell if it is a longer term swing - to buy//hold up, say, to the bottom of wkly channel.
| |
|
|
Fuel price speculation.
