Thursday, September 30, 2010

5-DMA/DMA break by NF yesterday, looking for a correction.

Yesterday NF closed below 5-DMA,8-DMA..and 5-EMA..
Probably "C" is unfolding with 5 waves, where 1st is complete and 2nd is going or complete(if not
complete then will retrace upto any of one green lines.).if 2nd complete then 3rd is unfolding or will unfold approx upto any one pink lines...Hopeful.

NF break down Chanel yesterday, which was intact day before yesterday in Daily chart.

All are NF chart's and educational purpose only..





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