Oct 11 - Preview

Still watching YUM this morning to see if we have a move back up to 71 (see yesterdays post for trading plan). Also watching STX continual downfall. Interested to see if we break 28 today as this would be very bearish. In the longer term a break of 26 would be even more bearish. If we manage to get below 28 then the three significant speed bumps before 26 are mentioned in the charts below.

Spring consolidation charts:

Good luck on the open everyone.
Sean