possibly, or maybe we just have a pullback to retest the broken
downtrend lines. If you listen to dodgers update last night,
he's not sure about how much credence to put into the indexes from
last weeks action and this week, but price action is not good.
Uptrend lines broken
Posted by dylan398 on 29th of Dec 2008 at 10:56 am
matt/dodger,
I'm noticing several uptrend lines have been broken...any chance our counter trend is over??
possibly, or maybe we just
Posted by matt on 29th of Dec 2008 at 11:00 am
possibly, or maybe we just have a pullback to retest the broken downtrend lines. If you listen to dodgers update last night, he's not sure about how much credence to put into the indexes from last weeks action and this week, but price action is not good.
Matt, what do you think
Posted by yawang36 on 29th of Dec 2008 at 11:19 am
Matt, what do you think positive MACD divergence on 1, 5 min SPX chart. It is at support zone and came down is well contained orderly move.
matt, I don't believe the market
Posted by dylan398 on 29th of Dec 2008 at 11:05 am
matt,
I don't believe the market has discounted a mid-east conflict...