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If you're correct frtaylor, we could be in for a severe correction on the S&P as the dollar rockets upward.
I am no H&S technician either, so would like to hear from Matt or Steve on this.
Anything's possible, but a deep/sharp market correction does seem rather unlikely. Probably my read of the chart is incorrect.
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Posted by pwb8 on 14th of Apr 2012 at 10:50 pm
If you're correct frtaylor, we could be in for a severe correction on the S&P as the dollar rockets upward.
I am no H&S technician either, so would like to hear from Matt or Steve on this.
Anything's possible, but a deep/sharp
Posted by frtaylor on 15th of Apr 2012 at 09:04 pm
Anything's possible, but a deep/sharp market correction does seem rather unlikely. Probably my read of the chart is incorrect.