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The three charts here give a vivid picture of markets assaulting their support, support which is weak to begin with. While no one (not even Wall Street Analysts with insider knowledge) can predict what will happen, hints appear on the charts. In the Dow the July low has already been pierced--a hint to the wise we think. Add the failure to follow through on the powerful up day Oct 1 and the powerful down day on Friday. Just because everyone has turned bearish doesn't mean the bear market is over. (Cf Law of Changing Cycles) |
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The three charts here give a vivid picture of markets assaulting their support, support which is weak to begin with. While no one (not even Wall Street Analysts with insider knowledge) can predict what will happen, hints appear on the charts. In the Dow the July low has already been pierced--a hint to the wise we think. Add the failure to follow through on the powerful up day Oct 1 and the powerful down day on Friday. Just because everyone has turned bearish doesn't mean the bear market is over. (Cf Law of Changing Cycles) |
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The three charts here give a vivid picture of markets assaulting their support, support which is weak to begin with. While no one (not even Wall Street Analysts with insider knowledge) can predict what will happen, hints appear on the charts. In the Dow the July low has already been pierced--a hint to the wise we think. Add the failure to follow through on the powerful up day Oct 1 and the powerful down day on Friday. Just because everyone has turned bearish doesn't mean the bear market is over. (Cf Law of Changing Cycles) |
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