The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, September 26, 2013
lack of upward movement probably means...
stock look destined to test the 1660-1670 zone. I am now short, realizing that there could a be a whipsaw in this area. As long as we stay underneath the 1688.75 hourly breakout zone, I will remain short.