5th wave may be coming
Originally posted April 6, 2009 by andrewgutman
There are numerous sectors approaching resistance and developing divergent oscillators. I believe there will most likely be a strong selloff in these markets, probably starting this week and lasting for a month or two. Below is a chart of the Dow Industrials explaining what I believe is happening. We must still wait for confirmation. Specific recommendations will follow in the days to come. Happy Trading to you.
No comments:
Post a Comment