Slow day but a positive one, which is very surprising since Detroit just filed for bankruptcy and the tech stocks were not to rosy after yesterdays earnings. I believe that we are close but we must keep our objective which is to follow our indicators. Yes.. I keep writing it here, but it is a way for me to keep discipline like how our parents always say the same thing to us that in the end it is ingrained in us. That is the only way to make money here.
The 60min MACD still looks weak as prices creep higher and higher. An eventual break will come so keep alert. On a monthly scale we can see prices have pierced through the UPPER BB line and this could be another signal that this month could be a possible reversal month. Always keep
THIS CHART in mind for the next few weeks. It will be important.
Mid-Term: UP
Short-Term: UP
No comments:
Post a Comment