My main indicators are RSI(10)/%R(9)/Fibonacci Retracements/10/50/200sma averages.
My father and my uncle have traded futures, commodities, and stocks for 40 years - A combined 80 years experience. This makes my 6 years look puny, however, they have passed onto me their wisdom. Anybody who passes on the opportunity to learn from others more knowledgeable and more experienced has an incredibly hard road to climb.
Friday, June 5, 2009
PMTI
On the intraday, watch for a continued drop toward 50%. Should get a bounce in around 15.34
Should the move continue higher, this chart gives you price targets on the upside.
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