Today we stepped back, and looked at how the bears managed to break the novemeber lows, and are now aiming lower for what could be a potential capitulation bottom (crash). We step back, and look at many signs that tell us that the next short term bottom could be somewhere between 60-65$, and that the true bottom will either be in the 50-55 $ range or could go as low as the 40-43$ range. A lot of signs indicate that we have broken down, as the volume spiked up today. We look at the VIX in ...
Monday, March 9, 2009
Market Technical Chart Analysis for February 27, 2009 by Idan Koren
(My Original Blog Post: http://www.latesttrendsguide.com/?p=3985)

Today we stepped back, and looked at how the bears managed to break the novemeber lows, and are now aiming lower for what could be a potential capitulation bottom (crash). We step back, and look at many signs that tell us that the next short term bottom could be somewhere between 60-65$, and that the true bottom will either be in the 50-55 $ range or could go as low as the 40-43$ range. A lot of signs indicate that we have broken down, as the volume spiked up today. We look at the VIX in ...
Today we stepped back, and looked at how the bears managed to break the novemeber lows, and are now aiming lower for what could be a potential capitulation bottom (crash). We step back, and look at many signs that tell us that the next short term bottom could be somewhere between 60-65$, and that the true bottom will either be in the 50-55 $ range or could go as low as the 40-43$ range. A lot of signs indicate that we have broken down, as the volume spiked up today. We look at the VIX in ...
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