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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (140608)1/25/2007 9:55:05 PM
From: Shack  Read Replies (1) of 209892
 
Yes, many of the bull patterns I saw over the last 2 weeks simply popped and died, some didn't even pop like ERTS. I think the market is at risk in the short-term. We certainly didn't make any bullish extremes in the sentimeter so any top is not likely macro, but that July bull wave could easily be corrected.

BRCM is interesting on the short side. If today was the end of the week long corrective up on the SOX its gonna fall hard (Backtested all the key MA's this week btw). Ugly daily chart, real ugly.
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