First ECU was able to close above the 200 DMA It looked as if the bids were increasing again. At least at the end of the day. Can anyone tell me how they held during the day?

The CDNX has developed an interesting flag formation. Take a look the 21 cross 50 in june/july 05; Dec 05; Aug 06; A really good one Nov 06 (looking like the one now); the failed one in jul 05 (consider the entire global market shuddered) Then Oct 05. They all share a flag formation just befor the cross without fail. Those who use tech have seen this and know what it means for today. I would suggest we are looking at a Nov 06 and an Oct 07 type cross here. They each occured after along and violent corrections.

There is also a potential inverse HS here.

Enjoy your weekend

Reg Mills