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Thursday, July 11, 2013


Statistically tomorrow should be a down day.  The market have not had more than 9 consecutive up days since March 2010 when it had 11 days in a row.
Fibonacci ratios indicate a target area between here and 1690.74
The advance since November of 2012 appears climatic.
1470 is the most heavily supported area, and will be the signal that all trends have reversed, but the immediate short term level to look for early an early warning is 1640.

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