the violent move down in the first half of june and the following violent recovery in the second half is just compatible with the head of an inverse head and shoullders pattern. The problem is that the pattern is an inversion pattern that marks bottoms while the market has surged for the past two years. Ergo........it's a fake. It's there to be seen by everyone. The resolution will be to the downside. Exicited bulls are going to be roasted. Look at the dax at the end of 2007, you will see the same. Game over, my dear bullish friends. They can push up and make a fake break up, but few doubts where we are in a month or so.................down
http://www.upload3r..../1309611922.png
Nasdaq
Started by
andr99
, Jul 02 2011 08:25 AM
No replies to this topic
#1
Posted 02 July 2011 - 08:25 AM
forever and only a V-E-N-E-T-K-E-N - langbard