The SPX had a large range outside day (LROD to Jeff Cooper followers) on volume. Price broke the October 10th low for a short period of time and then the volume buyers came in. From here we need one or more follow through days. We also need break the October 14th high and remain up there beyond the 12th day of the rally.
Full Moon Bottom?
November 13th, 2008 2 Comments
Tags: Dow Jones Industrial Average · Nasdaq Charts · Standard and Poor's 500 (SP500) · Volume
Oil and Gold
November 13th, 2008 4 Comments
The charts of oil and gold show significant weakness.
Tags: Energy · Gann Angle Fan · Gold