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

PAYPAL

Monday 20 May 2013

20 May 2013

May 20 proved to be devastation, but not in the markets rather the Oklahoma Tornado wreaked havoc.

Todays market made a reversal candle and divergences can be seen. I have included a chart that has been pretty good at calling some short term tops and its the percentage of stocks above the 200ma.
Cowan's turn dates will look likely to be pretty good right now with all these indicators trying to turn over.  But we must confirm with our main indicators.

Mid-Term: UP
Short-Term: Down

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