nasdaq and global picture
Started by
andr99
, May 17 2010 12:59 PM
2 replies to this topic
#1
andr99
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Posted 17 May 2010 - 12:59 PM
I'll bet that all the indexes are setting up an inverted W pattern ..........................call it double top or what you like........I dislike double tops or double bottoms...................I prefer W pattern and inverted W pattern. Below is the projected path i think the nasdaq is going to follow and all the rest of the troup as well. I will bet my second ball when the second high is in
forever and only a V-E-N-E-T-K-E-N - langbard
#2
fib_1618
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Posted 17 May 2010 - 02:59 PM
That would be the famous "Sign of the Bear" pattern.
More information on this structure can be found here.
Fib
More information on this structure can be found here.
Fib
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#3
thespookyone
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Posted 17 May 2010 - 05:06 PM
""Sign of the Bear"
My favorite.
