The first real retracement since march low – Eurostoxx 50 in retracement mode ?

well if the market ever decides to retrace.. this must be a perfect setup.  We have a just closed below 20 and 30 days Moving  avarage. I am looking for 23-38% fibo retracement from June high. Still think we are in a Primary wave 2 up.. Which has more long term room on the upside. 2-3 months. Going back doube long at lower levels,,

~ by turbino on June 15, 2009.