Wednesday, December 9, 2009

Getting Close Now


The action lately has been very weak for the bulls. The market is slowly but surely putting in a top.

3 comments:

The Average Jay said...

Thanks for the nice chart. I agree with what you are seeing. Gold looks like it is starting to turn too.

Anonymous said...

Do you think there´s no chance that this range breaks to the up side? I see the fall of the RSI as a sign that the range trade is relieving the indicators for another leg up...

Stewie said...

hi anon: of course there is a good chance we break higher. anything is possible. I will never rule out anything.

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