SP *PIC*
By:CO
Date: Friday, 3 July 2009, 2:23 am
OBV acting negative here, and not supporting higher prices. Mid-June provided the jumping board to higher prices, and failed to come through. I have included the PF support line, but note that this support has only 5D strength, and, although tradable, if broken, would be overwhelmed by 20D, at much lower levels and fast price action. Another negative here is the long range bar through the 55ma. Not a dead duck, but better fly soon. CO