The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: LTK007 who wrote (212026)	7/23/2009 2:43:51 PM
From: Galirayo	Read Replies (1) of 306849

Sure .. With all the consecutive up days and the move .. I'll expect this Mid Line .. [Red] to act a solid R. Over that with conviction it's on a another leg up. The measured move out of the possible rectangle may be in play. Or the IH&S Consolidation if that's what that is. Today it's still moving over and above the 21ma on a very Steep Slope. A very Bullish angle but the distance already traveled in % terms should place it in the out of steam mode. stockcharts.com I've been expecting it to replicate the March 08 move. The Angle [Slope] of Advance was very similar .. but no such luck yet. stockcharts.com

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