Disliked[font=Calibri][size=3]In the chart below you can see how the market produced a new structure high (NSH). This is the market speaking to us letting us know there is weakness and intends to climb higher. The bulls were not able to capitalize on this weakness and gave the bears the time they needed to regroup. This is seen by the series of lower highs (LH) and lower lows (LL) that followed. Price then achieved a lower high (oval #1) but this correction had more strength then the previous 3 corrective swings this is a sign that the bears are weakening...Ignored
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- Edited 3:07pm Mar 4, 2013 1:55pm | Edited 3:07pm
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- Mar 4, 2013 2:37pm Mar 4, 2013 2:37pm
Best time to plant a tree was 20 years ago, second best is now
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Best time to plant a tree was 20 years ago, second best is now
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Best time to plant a tree was 20 years ago, second best is now
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If you fail to plan, you plan to fail.
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Best time to plant a tree was 20 years ago, second best is now
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- Mar 5, 2013 2:28am Mar 5, 2013 2:28am
It's not about how much you make, it's about how much you don't lose
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choose a job you love and you will never have to work a day in your life
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- Mar 5, 2013 3:37am Mar 5, 2013 3:37am
It's not about how much you make, it's about how much you don't lose