Sunday, October 31, 2010
Thursday, October 28, 2010
Monday, October 25, 2010
Friday, October 22, 2010
Thursday, October 21, 2010
Wednesday, October 20, 2010
Tuesday, October 19, 2010
Saturday, October 16, 2010
Tuesday, October 12, 2010
Monday, October 11, 2010
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Tuesday, October 5, 2010
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Sunday, October 3, 2010
X (United States Steel Corp)
X did find a slight break below its wedge,it also bounced at some daily support.A directional break needs to happen soon as the apex of the wedge pattern is getting closer.So two scenarios, either this breaks down on increased volume and tags 38 if 42 goes,or this is just another headfake and X trades back thru the apex at about 45 for a powerful move higher.I believe in the first camp from what the chart tells me at the moment,but also keeping in mind that all patterns are prone to failure.
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