The rallying identified on the chart suggests a possible failed break between the higher 1700s and lower 1800s but this is typical to the economic season if we look at last year's market. Could this be a new resistance forming for the Bulls to ride the recession into the "highlands"(2000s and above)?
I'll be watching for the close of th emarket today to make my decision.
N.B: based on moving average indication, the Bears still own the floor.
SUMMARY: SELL! SELL!! SELL!!!
I'll be watching for the close of th emarket today to make my decision.
N.B: based on moving average indication, the Bears still own the floor.
SUMMARY: SELL! SELL!! SELL!!!
