Market continues to extend up past expected top. As I have noted in an uptrending market (covering multiple shorter cycles) the shorter cycles tend to be right translated (up legs longer - time and points) than the down leg. Of course this is getting a bit over done!!! Today though was mixed (NAZ down).
Still, market beginning to look a lot like it did from June thru mid November 2012. Maybe it will play out that way again? Here is a visual (DOW):
Gl traders
this rally is giving me a headache!
ReplyDeleteThink pain in the butt
ReplyDelete