12 November 2009 – Look out below

Fri, Nov 13, 2009

US Commentary

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.

0saves
If you enjoyed this post, please consider leaving a comment or subscribe to our newsletter and receive a free sample of our analysis each week.
, , , ,
This post was written by:

Nick Radge - who has written 899 posts on The Chartist.


Contact the author

Facebook comments:

Get Adobe Flash playerPlugin by wpburn.com wordpress themes
Rapid SSL
We accept Visa and Mastercard
Financial ReviewCNBCSky News Business ChannelAustralian Technical Analalysts Association
youTubeiTunesVimeo