Wednesday, February 20, 2013

Feb 2013 update III

Did today start a correction?  Maybe, one is overdue.  Of course cycles are not always symetrical, often the upleg takes more time than the downleg so it often looks as if the top is late.  But in fact that should be antcipated.

Short term it appears we should get our first down week of the year.  Here is a visual:

I'll try to add a longer term chart later.

Here is a longer term chart:

GL traders

New short term chart:



  1. You might want to check this technical analysis program:

  2. jeremiah - Thanks for the info. Not sure I trade enough now that I am retired to justfy the cost. If you choose to try/test any software let us know your opinion.