There is a lot going on here based on the 5 minute chart.
This tells us two things.
Number 1 - Activity is going to increase dramatically very soon
Number 2 - There is going to be a sizable move to go along with the increased volatility.
Let the market tell you which way it wants to go and then get on board.
I realize that does not sound very scientific, but it is the way to trade.
Thursday, November 15, 2007
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