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The Bounce Continues

5-minuet-chart1

The chart above is a continuation of yesterday’s blog post. It is our 5-minute chart showing the price action from Friday, yesterday and today. If you’ll recall, I noted that for us to determine if the rally has legs, we need to show prices that are not below the low point from the last trading day prior to the rally beginning. I’ve circled that on the chart above, and you can see that we are definitely – so far – in rally mode with no trades even close to that low.

I’ll keep you up-to-date as we move forward.

For all my friends that have been waiting for months for the start of the new season of Lost, I thought I’d get you primed for tonight’s season premier.

Your very simple trivia for today is who sings the song that Desmond plays in the video above and what’s its title.

Enjoy your evening!

Mark