Live Update

Thursday, November 12, 2009

11/12/2009 After Bell Quick Summary

I see a small reversal pattern, a 1-2-3 formation was formed and I believe its text book target has been fulfilled, so my guess is that we’ll see a rebound at least tomorrow morning. This is the first reversal pattern formed for quite awhile which proved that still there’re a few bears alive. But unfortunately the assault (the reversal pattern I mean) was not large enough to justify a further drop, so bears need show more strength. And for now, too early to judge anything.


blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.