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dmlabuda

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dmlabuda

Re: wapsi post# 610

Wednesday, 02/08/2012 12:07:43 AM

Wednesday, February 08, 2012 12:07:43 AM

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You only have about two months of data so the ADX is fairly insignificant here but, it is showing a bear market and a weakening trend. Rising wedges are dangerous. If there is further upside here it will most likely be to finish filling the gap and that will most likely be it for this rally. In my opinion, the price will go down again tomorrow.
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