20061120 5:15 pm. If we take the opinion that the current bullish phase of the market will continue into the end of the year, then it would be best to look for an area of support to establish longer term long positions. An idea would be to look at the 200 ema on the longer term intraday timeframes.(30 min on this chart) In the shorter term, (top chart) we can see the candle bodies on the way down are larger than those on the right hand rectangular area, indicating shorter term there is more downside. This would tie up nicely into the'buy at support' scenario in the bottom chart.