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.
Tuesday, July 1, 2008
Rally finally happens, belatedly..
A roller coaster today, the rally started, faded completely away and then was reborn. Many will think this is "the bottom". It isn't. Probably this lasts 1 or 2 more days at best, then back down we go...
Note the approaching .500 node on the lower right, that represents 07/21/08. I think that will produce a bigger bounce then this will be, although it will not be the end of the downtrend either...
Subscribe to:
Post Comments (Atom)
1 comment:
I love this post---THX--Agree for more down yet
Post a Comment