SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Vitas who wrote (94146)2/4/2014 8:08:04 PM
From: William H Huebl  Read Replies (1) of 94695
 
Several things.... the breakdown in RSI trendlines which for some reason isn't apparent in your charts - maybe that is because you are using arithmetic plots and I am using semi-log plots. Also, the center plot in the following 3 shows the EMI in a broadening formation (blue lines I put on the chart) which is very bearish. IMHO we will make it back up to 16,000 or so before the BK starts.... won't hit like a tidal wave but will pick up speed when we get below 15,000 or so. Timing? Probably start in April of this year if not before then.

Broadening formations are usually a sign of increasing public emotions in trading stocks etc.

BWDIK?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext