Tagged "NYLOW"

10/04/2011 Market Outlook (Bullish reve...

SHORT-TERM: THE LOW COULD BE IN BUT MAY SEE A FEW DAYS OF BACK AND FORTH FIRST

Very strange day today, on one hand, I have enough reliable evidences arguing it won’t be pleasant in the following several days after a later day rally like today, on the other hand, chart pattern as well as enough reliable evidences are arguing that the the low was in. [Read the Rest]

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10/03/2011 Market Outlook (When pattern...

SHORT-TERM: LOWER CLOSE AHEAD

I see conflict between signal and price pattern today:

  • Price pattern wise, it’s a breakdown from a 2 months long consolidation area, which usually means more on the downside, at least it’s the Fib 61.8% Measured Move to SPX 1079ish.
  • [Read the Rest]

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09/22/2011 Market Outlook (Rebound may ...

SHORT-TERM: COULD SEE REBOUND AS EARLY AS TOMORROW BUT THE LOW WASN’T IN YET

Two cents:

  1. The low wasn’t in yet.
  2. [Read the Rest]

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