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The Basics: Support and Resistance
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5 comments:
People keep saying we're oversold. Using the benchmark S&P500, do you think the market is oversold? I personally don't think so, in fact, people are in the high hopes of huge rebound! End of my words, have a good evening Sir!
We were until the market traded in a range for the past eight days. But even so, we are still somewhat oversold.
What people do not realize is that oversold can become more oversold and is never a guaranty for a rally.
http://stockcharts.com/h-sc/ui?s=UYG&p=D&yr=0&mn=6&dy=0&id=p12134638410
Back to the UYG you tried to pick few weeks ago, seems the problem inside the finacial sector is really really severe! Will a bigger bomb coming given what the chart shown? My god, I got a severe headache tonight! Aaah.......
I really want to sign up for the offer but the website keeps taking me to "pay only" items. Can you make the instructions a bit easier to synthesize with your website?
In order to get the two reports you have to sign up for a free trial to the newsletter and yes, enter your credit card. It will not be charged until after the two-week trial ends or if you cancel before then.
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