Retracement strategy, a must for traders.
1 year ago
Tuesday, August 16, 2011
Monday, August 15, 2011
Technical Analysis of Stocks
Stock files are being updated and the links may be found at the top right corner of this blog.
As suggested last week - "More and more stocks are joining the Monthly downtrend mode", stocks have plummeted in line with technical readings and will continue to move down with periodic bounces. No bottoming formations are evident in week/ Month T/F. However, look for short term bottoming in Day T/F for fine tuning.
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As suggested last week - "More and more stocks are joining the Monthly downtrend mode", stocks have plummeted in line with technical readings and will continue to move down with periodic bounces. No bottoming formations are evident in week/ Month T/F. However, look for short term bottoming in Day T/F for fine tuning.
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