update

Back in the red zone!

Posted by Investing Freak on October 14, 2011
Market Analysis / Comments Off on Back in the red zone!

 

It has been nearly 6 weeks since my last update and as promised I have kept an eye on the weekly chart vs the ever so noisy daily chart. What has happened the past 6 weeks is the market moving down for a fake out on the daily yet closing right on the green area i had highlighted and then lifting to the red zone.

Will they score this time or will they turn it over to the bears again for another move down? You be the judge 🙂

 

Good Night

-K

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