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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (128081)1/14/2006 2:45:46 PM
From: cybersaavy  Read Replies (1) of 209892
 
There does not appear to be much in most of the charts that one could be overtly bearish at this time except for the fact that many have had enormous run ups. One of my proxies for the technical state of the market as a whole is BRK which is holding above support but trending mostly sideways suggesting a bullish consolidation prior to the next move.

stockcharts.com

And I'm also curious what's going on here as many of the H&S like patterns have turned out to be corrections instead.

ttrader.com

cs
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