2 replies to this topic

[redfoliage2]

The difference between the last correction at the end of Feb. and the current one:
http://stockcharts.com/c-sc/sc?s=$TNX...6031&r=6851

http://stockcharts.com/c-sc/sc?s=$TNX&p=D&yr=0&mn=4&dy=0&i=p80313216031&r=6851.png

[relax]

In my local market there is a clear difference between the two,
Two corrections in such a short time span was obviously too much
Momentum has turned down and broken the trend

I still think that we will make a lower high in july, but when we find a bottom, really not sure

today will be interesting - a few days before the PPI and CPI

It looks like buy om dip today, but it also looked like that thursday last week

The difference between the last correction at the end of Feb. and the current one:
http://stockcharts.com/c-sc/sc?s=$TNX...6031&r=6851

http://stockcharts.com/c-sc/sc?s=$TNX&p=D&yr=0&mn=4&dy=0&i=p80313216031&r=6851.png

[redfoliage2]

[quote name='relax_dk' date='Jun 12 2007, 09:17 AM' post='293203']
In my local market there is a clear difference between the two,
Two corrections in such a short time span was obviously too much
Momentum has turned down and broken the trend

I still think that we will make a lower high in july, but when we find a bottom, really not sure

today will be interesting - a few days before the PPI and CPI

It looks like buy om dip today, but it also looked like that thursday last week


[quote name='redfoliage2' post='293198' date='Jun 12 2007, 09:05 AM']
The difference between the last correction at the end of Feb. and the current one:
http://stockcharts.com/c-sc/sc?s=$TNX...6031&r=6851

http://stockcharts.com/c-sc/sc?s=$TNX&p=D&yr=0&mn=4&dy=0&i=p80313216031&r=6851.png
[/quote]
The question is how low this week.