Thursday, February 11, 2010

Charts Becoming More Bearish

When a market goes down and stays down, its a sign of weakness.  This market is giving traders a lot of time and opportunity to buy the dip in the 1060s.  The more time the market gives at these prices, the less likely the dip is a good buy.

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2 comments:

  1. Anonymous2/11/2010 12:42:00 PM

    Since Feb 5 lows we are making higher lows and if we close above 1075 higher highs.

    Next stop , close above 1079.

    The market is trending HIGHER not lower.

    ReplyDelete
  2. Anonymous2/14/2010 11:38:00 AM

    YES BULL

    ReplyDelete