Tomorrow the 33TD, 11.2TD and 2.8TD cycles are down. The 20 week (Wall) and 5.6TD cycles are up. I expect the bias to be down tomorrow and the market to be down at the end of the day (5-10 point loss?).
Here is the visual:
Monday, April 11, 2011
comments and outlook 04-12-2011
Today started out with a uptick (as expected) and then drifted lower during the day (as expected).
Tomorrow the 33TD, 11.2TD and 2.8TD cycles are down. The 20 week (Wall) and 5.6TD cycles are up. I expect the bias to be down tomorrow and the market to be down at the end of the day (5-10 point loss?).
Here is the visual:
GL traders. Do your own analysis.
Tomorrow the 33TD, 11.2TD and 2.8TD cycles are down. The 20 week (Wall) and 5.6TD cycles are up. I expect the bias to be down tomorrow and the market to be down at the end of the day (5-10 point loss?).
Here is the visual:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment