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

PAYPAL

Wednesday 27 May 2015

27 May 2015 - Bears Destroyed

Just when the bears thought the tide has turned, they get hit with a cruel joke from the bulls.

Yesterday;  "But as we know too well, volatility can rear its ugly head and we should look out for a impulsive move upwards for those who want to protect their open profits."

Volatility does not disappoint.  With todays move, the ST has again turned UP just when it recently turned down.  How do you play this?  By way of indicator of course.

MT: UP
ST: UP
PA: NA


So will the Bears have their revenge tomorrow?  That will depend on OB/OS intra-day charts..

No comments:

Post a Comment