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.
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3 comments:

  1. Jay JayDecember 9, 2009 at 2:30 PM

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

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  2. AnonymousDecember 9, 2009 at 6:00 PM

    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...

    ReplyDelete
  3. StewieDecember 11, 2009 at 4:58 AM

    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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