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#1 CLK

CLK

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Posted 31 January 2009 - 10:37 AM

Divergent setup. Teaparty may see something else. The daily does look to be rolling over. nyud_monthly.png

#2 CLK

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Posted 31 January 2009 - 01:53 PM

Based on a variation of the 1929 model. Also stocks over 200sma went higher on a down week. Any comments ? indu_monthly_outlook_2.png nya200r_weekly.png

#3 CLK

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Posted 31 January 2009 - 02:44 PM

If for no other reason to go long, monthlies almost always have some overlap. And we closed near the lows which puts the odds high of a significant retrace, note 2002 bottom. indu_monthly_overlap.png