Stage is set for a very large rally next few weeks.....
http://www.barchart....style=technical
Posted 05 February 2016 - 07:16 PM
Posted 06 February 2016 - 01:01 PM
I expect this rally to last about 3 weeks to one month. similar to one in oct 2014, but even sharper one.
Posted 06 February 2016 - 08:55 PM
To be sure, you have been saying that for a while now
Posted 07 February 2016 - 11:36 AM
Patience Dougie. This was a serious decline in Jan. It takes a little while to build a base. But the resolution will be to the upside.
Posted 07 February 2016 - 11:59 AM
You know what's clear? Nasdaq Composite closed on the lowest low since October 21st, 2014.
That's very clear.
Posted 07 February 2016 - 12:08 PM
You know what's clear? Nasdaq Composite closed on the lowest low since October 21st, 2014.
That's very clear.
Its daily MACD looks like it's the lowest it's been since late 2008 too. Yet it somehow turned up the last few days. I'm not saying that means anything, it did the same in 2008 and it didn't bottom until 3/09 of course, just pretty neat.