“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC


Tuesday, 12 November 2013

12 Nov 2013

Seems the corrective move was not over and yesterdays triangulated pattern had fooled me into thinking it was a 4th or B wave of some sort.  Today, prices moved below another trend line and seems to be following that trend.  Both yesterdays and todays trend line resistance are approaching an apex so we should watch for this. 

Main-Trend: DOWN (Unconfirmed)
Short-Term: UP

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