Wednesday, May 19, 2010

Watch out for tomorrow....




The bear attack could be over as soon as tomorrow. These are short term trendlines that seem to be converging towards a bottom. If this plays out, then the scenario put out by Nadeem Walayat would seem to be the right one, and that could play out tomorrow. The two light orange circles are the target zones...either could be valid, though I favor the top one slightly...

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