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.
Friday, February 5, 2010
Another little bounce...
There could be another bounce here, as the support trendlines have been 'just barely' exceeded, with Stochastics turning up...
2 comments:
Anonymous
said...
Hi Mark,
What is your take on today's rally? It was on very high volume. Do you think it is a temporary rally before we resume to the downside?
2 comments:
Hi Mark,
What is your take on today's rally?
It was on very high volume. Do you think it is a temporary rally before we resume to the downside?
Hi Anonymous,
Yes, I think it is a temporary rally, although it could produce as much as a 50% retracement from the January highs...
Regards,
Mark L.
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