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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