Monday, June 16, 2008

Now at major trendline resistance...



My take is still that this is a bear market rally...tomarrow should tell the tale...

Compare this to the chart from Friday, in the previous post. We're much closer to the major trend lines...resistance should be higher tomarrow...

1 comment:

Anonymous said...

agree, but looks to me like the downturn needs to be started in earnest by 11:00am