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Rocketman - what's next


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#1 relax

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Posted 28 April 2007 - 05:39 AM

Hi Rocketman found your work interesting but we did not get anything close to downside this week - what's your view on the direction the next weeks?

#2 Rocketman

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Posted 28 April 2007 - 04:27 PM

Markets are looking very bullish overal, The trend remains your friend and it remains up sofar, but still think we decline into Mid may Lows, but that would be a good buying opportunity. Ian

#3 jmicou

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Posted 28 April 2007 - 05:48 PM

From a MCO type perspective, the bottoming formation may not be complete (click here). For now, personally leaning towards a higher low post retracement. The COT configuration looks bullish.