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Re: Agent13 post# 1286

Wednesday, 09/17/2014 10:29:42 PM

Wednesday, September 17, 2014 10:29:42 PM

Post# of 1459
Volatile day today eh...
a comment on the total market charts... indecision
I don't feel a direction has been decided by one day. The short term trend is down , as seen by the 10 and 20 day moving averages. The intermediate and long term trends are up, shown by the 50 and 200 day moving averages. Markets recently broke to new highs and the momentum is up. BUT...a false breakout will retreat with force, so something to be on watch for. Spinning tops today = indecision.
(link back for charts) and bollies still squeezing
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