Tuesday, November 3, 2009

Key Levels Reached

Well, being that this is a new blog, this is the first time I have been humbled by my predictions. I suppose it was slightly arrogant of me to say that it was virtually a lock that we would reach yesterday's highs. There were however, some key levels that I did predict, that came into play.

$104.80 proved to be the high of the day on the dot
$104.41 proved to be .4c away from the key support/resistance level of the day ($104.37).
See chart below










And overall, the day was positive (though mostly flat), it just didn't reach as high of gains as I predicted last night.

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