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.

2 comments:

Anonymous said...

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.

Anonymous said...

YES BULL