Bearish rising wedge in the short term. Bad Cisco numbers and jobless claims could be a downer for tommorrow.
Another hanging man formation has occurred. This will require confirmation tomorrow to see if its really a true change in trend.
VIX has formed a clear gravestone doji. This is a bullish formation which points to a retreat in the market tomorrow.
And finally...some random long term trendlines...
1 comments:
I read your blog everyday. I appreciate your work. Thanks.
You are spot-on man!
Tom
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