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Replies to #951 on Charts SYSTEMS
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northam43

11/07/13 4:28 PM

#954 RE: 2H2 #951

They are the market makers, they probably already sold and are waiting for everyone else to sell then they will load back up for another leg up for the high of the year. Then they will probably pull the plug for a Weekly/Monthly correction next month.

If the Daily Phase 1 is confirmed tomorrow. Right now my indicators are projecting a short Daily Phase 1, for the Daily Phase 1 to extend, the Daily MACD leading indicator will have to cross below the zero line. Doesn't look likely during this Daily Phase 1.