The Bottom Could Break
The SPX is trading in a triangle. Until that breaks out of the bottom or top, we’ll stay in this range. When it does break, those not following the trend will get squashed.
Seven bars down, with the final candle on …
Archive for: October 2008October 22, 2008 The Bottom Could BreakThe SPX is trading in a triangle. Until that breaks out of the bottom or top, we’ll stay in this range. When it does break, those not following the trend will get squashed. Seven bars down, with the final candle on … October 16, 2008 Be Wary of This BearA higher high candle on the daily charts of the major indexes will give us higher low pivots. That’s usually bullish. I’d proceedwith caution on the long side here however. This is a nasty bear that is able to catch … |
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