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Sunday, January 04, 2009 11:31:50 AM
1/3 Week In Review: Update by thechartpatterntrader.com Maurice N. Walker
Excellent detailed charts and extensive commentary update.
The Driving Forces Of Momentum:
Crosses, Candlesticks, and Histograms
"In late January and February, I anticipate that the ride will end, as the market takes a detour, driving right into the back roads of a desolate area, on very bumpy road, with plenty of pot holes. I'm looking for more wild swings for multiple right shoulders to form on the daily charts. Then I expect the complex inverse head and shoulders pattern to be completed come March, and subsequently breakout."
For detailed charts and extensive commentary:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1926808
George.
Click on "In reply to", to see any past commentary.
Excellent detailed charts and extensive commentary update.
The Driving Forces Of Momentum:
Crosses, Candlesticks, and Histograms
"In late January and February, I anticipate that the ride will end, as the market takes a detour, driving right into the back roads of a desolate area, on very bumpy road, with plenty of pot holes. I'm looking for more wild swings for multiple right shoulders to form on the daily charts. Then I expect the complex inverse head and shoulders pattern to be completed come March, and subsequently breakout."
For detailed charts and extensive commentary:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1926808
George.
Click on "In reply to", to see any past commentary.
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