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.
Thursday, May 27, 2010
GETTING CLOSER TO ANOTHER TOP - MAYBE?
We are already approaching the upper boundary of the channel, the rally could be over in a two or three more trading days...unless this Bear isn't real, which I doubt...
Remember, the chart above produces nice channels and straight lines only because it has been 'time-corrected' by my proprietary formula, that's why the x-axis doesn't have dates on it for labels, even though it does represent several weeks worth of time...
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