Another defeat tag today from TK. Usually these are pretty good at marking intermediate highs, as he notes himself. SPX looks as near as dammit from breaching new highs, but wouldn't that be a sneaky place to tumble from? Market always seem to turn Friday at the close, whatever way it's going.
Here's the bullish view.
UPDATE: just checked - next full moon is March 30, 2010. As you were..
UPDATE 2: Kenny has the elegant explanation for why this is all bollocks and the crash begins next week
Friday, 5 March 2010
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Nice chart, looks like it could bounce, or just take a dump right here, right now.
ReplyDeleteHope you don't mind, I lifted your chart and posted, with credits of course.