See April 10
Friday, April 11, 2014
Thursday, April 10, 2014
The yellow fork is history but the past few weeks look more like a correction than a top... If the gray fork fails there is very little to stop the market until 1730 except for some weak support levels near 1796 and 1770 but there is nothing solid.
What do you think? Was 1892.50 the top, or do you think we will pass 1900+ within the next few months.
Posted by Robert Campbell at 18:39
Tuesday, April 8, 2014
The "Blue Band of Interest" was initiated on my charts back on February 20. This range has held many assaults.
My target posted March 18 was a bit wide, but notice the top and bottom of the target did result in turning points. The market was in the beginning of a correction which lead to my confusion, but if you look at April 4 the significance of my wide range becomes apparent.
Currently I am still Bullish as long as the Blue Band continues to lend support, with an expectation of 1923 - 1933.
Posted by Robert Campbell at 09:11