The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Monday, June 30, 2008
Monday- Little change in Exponential charts...
The story to day, is really no story yet. $Trin is rather low, more similar to a top then a bottom, although put/call ratios are more in the range of bottoms...Most indicators like RSI are showing increasingly oversold conditions, and geometrically we are still in the price zone where a bottom could form. Things are sort of inconclusive on the short time scale, but there's little doubt that we are still in an intermediate time frame downtrend, regardless of the details of what happens this week...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment