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Strategies & Market Trends : Longer-Term Market Trends

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To: frigengenius who wrote (1334)7/11/2008 5:23:43 PM
From: frigengenius   of 3209
 
Follow up...

With all the blood spilling and hand wringing today....this chart is still vibrating on the breakout ceiling. We may not need to test support...but it's there if you need it. So is 911.

Message 24744720

Bullish....If a bottom is near...we'll see a breakout soon.

Bearish.....the qqqq/spx relative strength chart is showing NO signs of breakdown. Look for more downside....but snapback rallies will make a grown bear cry.
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