AXS - Reminds me of Sandbox Last Week

I wouldn't dare buy this now. only over 14,2 or lower.

Rejection is continuous and persistent with Tons of Resistance at 13.88 13.93 and 14-14.03

I am short.. just my humble opinion here.

With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried.

Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries.

We be careful and hedged here. 12,35 is the next valid Major support level i can see and it is quite far away.


One Love,

the FXPROFESSOR