Sunday, November 29, 2009
Charts You Need To Be Aware Of
The technical picture is looking very suspect for the bull's case. I honestly feel all this is playing out with in a topping process. There will lots of head fakes, false rallies and attempted breakdowns along the way but eventually the downtrend could assert itself within the weeks or months to follow. Having said all that, i am a short term trader and only care about intra day action. Hope these charts help you in your trading. good luck.
Posted by Stewie at 9:05 AM
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