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, February 6, 2014
How this may play out...
The chart I have shown below lays out the 3 different levels that I believe the market could retrace to. I am not sure which level is the most likely but if I had to choose I would say 1770+ should hold any relief bounce.