Several weak closes now and some divergences taking shape. This market is running out of puff here. I’m now quite concerned that a renewed leg lower is starting and basis the non-confirmation on the Dow Jones Transports and the lower low it may be a decent reversal of form.
Continue reading...Sunday, October 5, 2008
I mentioned in Friday nights update within The Chartist that the US was poised for a big session one way or other as the release of the all important non-farm payroll data and Congress vote both coming home to roost. We’ll, we didn’t quite finish at the ends of the extreme’s but the intra day [...]
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Friday, November 13, 2009
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