Saturday, June 11, 2011

Low on June 17

This was posted in a public chat room so I think it is OK to repost here. From Chris Carolan:
My view is not so positive.


patrick neid said...

Short term sentiment indicators are certainly lining up for a rebound OR the big plunge.

Tier 1 said...

Daily log scale, spx and dji have broken march '09 upward trend line.... What do you think Mike?


Quick Takes Pro said...

The trendline from March 09 does not really describe the action - its more a three part rally march 09 to April 10, April 10 to July/Aug 10, Aug 10 to May 11.

With that said, this is not a bullish market.

Blogger said...
This comment has been removed by a blog administrator.